Solved: I received $402 less than TurboTax said, from my I...
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jaymojaymo10
New Member

I received $402 less than TurboTax said, from my IL state return. When I review my state worksheet, I see that $402 is the exact amount of what they’re calling “non refundable credit”.

Did TurboTax make an error in their calculation? Or am Inot due this amount back?
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bluedeb
Level 15

I received $402 less than TurboTax said, from my IL state return. When I review my state worksheet, I see that $402 is the exact amount of what they’re calling “non refundable credit”.

non-refundable tax credit is a tax credit that can only reduce a taxpayer's liability to zero. You do not receive the amount as a refund, it reduced your tax liability (income you are taxed on) so you paid less taxes.

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1 Reply
bluedeb
Level 15

I received $402 less than TurboTax said, from my IL state return. When I review my state worksheet, I see that $402 is the exact amount of what they’re calling “non refundable credit”.

non-refundable tax credit is a tax credit that can only reduce a taxpayer's liability to zero. You do not receive the amount as a refund, it reduced your tax liability (income you are taxed on) so you paid less taxes.

View solution in original post

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