topic There was a fee deducted from my tax refund that wa direct deposit. It wasnt the IRS or my bank. Did Turbo tax do that? in After you file

There was a fee deducted from my tax refund that wa direct deposit. It wasnt the IRS or my bank. Did Turbo tax do that?

Gayle2287 — Wed, 17 Mar 2021 17:00:21 GMT

My refund from IRS was supposed to be $901. Only $821 was direct deposited. Why?

Re: There was a fee deducted from my tax refund that wa direct deposit. It wasnt the IRS or my bank. Did Turbo tax do that?

xmasbaby0 — Wed, 17 Mar 2021 17:05:08 GMT

MY REFUND WAS LESS THAN I EXPECTED

There can be a number of reasons why your refund was less than the amount you expected. First of all, look carefully at your actual tax returns. There is sometimes confusion about the amount of refund to expect when users misinterpret the “summary” they saw in TurboTax. The amount of your refund is on your tax return. Federal refund is on line 34 on Form 1040 State tax forms are all different so we cannot tell you what line to look at on your state form. BUT it is important to actually LOOK at your tax return forms yourself and see the amounts of your tax refunds and/or tax due. A lot of confusion would be avoided by doing that.

TurboTax does not receive feedback from the IRS regarding money that was offset from your refund. If you owed back taxes, child support, student loan debt, etc. you will receive a letter of explanation from the IRS in several weeks. The WMR site will contain a message regarding your offset. It is also possible that the IRS caught a mistake you made and reduced your refund.

A possible reason for the reduction could be that the recovery rebate credit was completed incorrectly and you may have entered the amount of stimulus already received wrong, which could have reduced the refund you thought you were seeing.

It is also possible that your state reduced your refund for debts owed in your state—if the state reduced your state refund you will receive a letter from the state.

https://www.irs.gov/uac/tax-refund-offsets-pay-unpaid-debts

IRS Treasury Offset Program Call Center at 1-800-304-3107

Be aware also that your Federal refund and state refund do NOT come together. Federal and state tax returns are processed by two completely separate entities. There is no rule as to which one will come first,

Did you choose to have TT fees deducted from your Federal refund? (Remember that if you did that, you also agreed to an extra refund processing fee of $39.99)

How can I see my TurboTax fees?

https://ttlc.intuit.com/questions/2565973-how-do-i-review-my-fees-in-turbotax-online

https://www.irs.gov/uac/tax-refund-offsets-pay-unpaid-debts

https://ttlc.intuit.com/community/refunds/help/what-is-a-refund-offset/00/26301

Reduced Refund https://www.irs.gov/taxtopics/tc203

NOTE: You can contact the IRS Treasury Offset Program Call Center at 1-800-304-3107 to ask if they have an offset for you on file. TurboTax would not have that information.

Re: There was a fee deducted from my tax refund that wa direct deposit. It wasnt the IRS or my bank. Did Turbo tax do that?

mesquitebean — Wed, 17 Mar 2021 22:39:58 GMT

@Gayle2287 wrote: "it wasn't the IRS or my bank"

Are you saying the direct deposit was from a third party such as Tax Products PE3 SBTPG (or similar description)?

Did you use Online Deluxe for a Federal return and chose to pay the fee out of the Federal refund?

Online Deluxe was $40 for a Federal return prior to the March 1 price increase. If that's what you used, then $40 plus the $40 service fee for that payment method would equal $80. Sometimes there is also sales tax.

I received my income tax.The amount that was deposited is incorrect.The amount was supposed to be$1115 after a fee of $169.00 .I only received $890.42.I need my money deposited back into my account

Donna Morris08 — Fri, 23 Feb 2024 09:04:33 GMT

I received my income tax return and the amount was incorrect. I only received $890.42.My refund amount was supposed to be $1115 after the $169.00 fee to prepare mybtax refund.I need the rest deposited into my account.

Re: I received my income tax.The amount that was deposited is incorrect.The amount was supposed to be$1115 after a fee of $169.00 .I only received $890.42.I need my money deposited back into my account

ee-ea — Fri, 23 Feb 2024 09:31:12 GMT

@Donna Morris08

State refunds are paid separately from the Feds. How much is the state refund? Has it arrived?