Amount of Return

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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

 

 

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 

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.