topic I was surprised to see my refund decrease substantially when put in the year end value of my IRAs. Is this correct? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/i-was-surprised-to-see-my-refund-decrease-substantially-when-put-in-the-year-end-value-of-my-iras-is/01/613650#M57654 Thu, 06 Jun 2019 06:21:15 GMT satparts 2019-06-06T06:21:15Z I was surprised to see my refund decrease substantially when put in the year end value of my IRAs. Is this correct? https://ttlc.intuit.com/community/retirement/discussion/i-was-surprised-to-see-my-refund-decrease-substantially-when-put-in-the-year-end-value-of-my-iras-is/01/613650#M57654 Thu, 06 Jun 2019 06:21:15 GMT https://ttlc.intuit.com/community/retirement/discussion/i-was-surprised-to-see-my-refund-decrease-substantially-when-put-in-the-year-end-value-of-my-iras-is/01/613650#M57654 satparts 2019-06-06T06:21:15Z Yes, this is usually correct.  It suggests that TurboTax... https://ttlc.intuit.com/community/retirement/discussion/yes-this-is-usually-correct-it-suggests-that-turbotax/01/613659#M57656 <P>Yes, this is usually correct.&nbsp; It suggests that TurboTax was not able to calculate the correct taxable amount of your traditional IRA distributions until you entered the year end balance, calculating a taxable amount that was too low by assuming a zero year-end balance until the year-end balance was entered.</P> Thu, 06 Jun 2019 06:21:17 GMT https://ttlc.intuit.com/community/retirement/discussion/yes-this-is-usually-correct-it-suggests-that-turbotax/01/613659#M57656 dmertz 2019-06-06T06:21:17Z