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vwguild
New Member

Amount of Return

 
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4 Replies

Amount of Return

This is not live chat.   We cannot see your screen or your tax return.   What is your question?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
ColeenD3
Expert Alumni

Amount of Return

If you think the amount of your refund is incorrect, the first thing to do is to double-check your entries. If it is different from last year, you can compare your 1040s, line by line.

 

 

In order to preview your return, please follow the instructions below:

  1. Open your return.
  2. Click on Tax Tools.
  3. Click on Tools.
  4. Click on View Tax Summary under Other helpful links.
  5. Click on Preview my 1040

 

 

jo84590
New Member

Amount of Return

I withdrew $2600 from my deferred comp

paid $650 in federal taxes but when I added this to my 1040 is reduced my refund by $1000

 

not sure why 

Amount of Return

It came on a 1099 so part of that $1000 is self employment tax. That is roughly $400 right there and depending on your tax bracket, I can there being an increase further based on your tax bracket.

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