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mgjerstad-yahoo-
Returning Member

Tax Refund

I was expecting a tax refund, however my TurboTax Premier is saying it's $0  Hard to believe it would be zero.  Any thoughts?

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Accepted Solutions
LaShaunA3
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Tax Refund

A $0 refund usually means your total tax payments exactly match your tax liability. That‌ doesn't indicate that something's wrong. The most common causes are lower withholding credits being reduced or phased out, or your refund being applied to other taxes owed. 

 

If your tax situation is very similar to a previous year when you did get a refund, there could be a data entry error. Review Form 1040 lines 25–35 in the Forms View, confirm your withholding, and see how the $0 result was calculated.

 

An additional option could be having an expert look over the tax return. You can view our expert assistance options here. 

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
LaShaunA3
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Tax Refund

A $0 refund usually means your total tax payments exactly match your tax liability. That‌ doesn't indicate that something's wrong. The most common causes are lower withholding credits being reduced or phased out, or your refund being applied to other taxes owed. 

 

If your tax situation is very similar to a previous year when you did get a refund, there could be a data entry error. Review Form 1040 lines 25–35 in the Forms View, confirm your withholding, and see how the $0 result was calculated.

 

An additional option could be having an expert look over the tax return. You can view our expert assistance options here. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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