topic Refund received was less than submitted via Turbotax in After you file

Refund received was less than submitted via Turbotax

Markojena — Sun, 21 Mar 2021 01:30:16 GMT

E-filed our taxes via Turbotax. The actual federal refund was $1000. less than what was submitted??

Not sure why??

Re: Refund received was less than submitted via Turbotax

VolvoGirl — Sun, 21 Mar 2021 01:32:43 GMT

A common adjustment is if you claimed the Recovery rebate credit on 1040 line 30 when you already got the Stimulus payment or got the second one after you filed or reported the wrong amounts. Do you have an amount on line 30?

Re: Refund received was less than submitted via Turbotax

Markojena — Sun, 21 Mar 2021 21:47:31 GMT

No, no amount on line 30

Re: Refund received was less than submitted via Turbotax

ksbabcock92144 — Fri, 18 Mar 2022 12:51:04 GMT

your program said $2807 and we got $7 It shows $2800 in line 30

Re: Refund received was less than submitted via Turbotax

ksbabcock92144 — Fri, 18 Mar 2022 12:44:49 GMT

Your app said Guaranteed refund! What's up?

Re: Refund received was less than submitted via Turbotax

DoninGA — Fri, 18 Mar 2022 12:49:57 GMT

@ksbabcock92144

There is a 100% accuracy guarantee and there is a Maximum refund guarantee. None of that mentions that the refund on your tax return is guaranteed.

If your refund is short $2,800 then the IRS has records that show you were sent the 3rd stimulus payment so they removed the $2,800 Recovery Rebate Credit that was entered on Form 1040 Line 30.

Go to this IRS website for your tax account to see if the 3rd stimulus payment is entered - https://www.irs.gov/payments/your-online-account

If you checked your bank account in the March - May 2021 timeframe and there is not a $2,800 EIP3 payment from the IRS then go to this IRS website for how to start a trace on the payment - https://www.irs.gov/newsroom/questions-and-answers-about-the-third-economic-impact-payment-topic-j-payment-issued-but-lost-stolen-destroyed-or-not-received