topic Turbotax said we owed money, which makes sense, so we paid that amount. IRS sent us a refund for more money. What should we do? There's no explanation, just a check. in Get your taxes done using TurboTax

Turbotax said we owed money, which makes sense, so we paid that amount. IRS sent us a refund for more money. What should we do? There's no explanation, just a check.

seaturtlejones — Sat, 01 Jun 2019 18:18:38 GMT

Did you enter any 1099R? If 1040 line 4a is a lot less t...

VolvoGirl — Sat, 01 Jun 2019 18:18:39 GMT

Did you enter any 1099R? If 1040 line 4a is a lot less than 4b (which should be ok) the IRS has been lowering the taxable amount on 4b and refunding you. But then they will eventually want it back.

Did you make estimated payments and forget to enter them?
If you made estimated payments see if they are on line 17. Sometimes they end up line 16 with witholding. If that is the case the IRS will eventually see line 16 is wrong and ask for it back.

The IRS will be sending you a separate letter telling you...

SweetieJean — Sat, 01 Jun 2019 18:18:40 GMT

The IRS will be sending you a separate letter telling you why.