Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 1, 2019 8:47:08 AM

I wanted to know why I am only getting 40$ back from my state tax return when it took out 267.43

0 8 2058
1 Best answer
Level 15
Jun 1, 2019 8:47:21 AM

Ok that's right.  Line 41 is the tax on your income, 227.  Then you subtract out the amount you had withheld from your paychecks W2 box 17 $267.  That should be on line 53.  You get the $40 difference back.  Better than owing more.  If you want a bigger refund you can increase your withholding at work to have more taken out of each check. 

The withholding is only an estimate of the tax you will owe on all your income.  When you make more income you owe more tax.

8 Replies
Level 15
Jun 1, 2019 8:47:10 AM

Was the 267.43 the state withholding on your W2?  You don't always get it all back.  The tax on your income must have been around $227 or you owed a penalty or something.  Print out your state return and look at it.  If you don't understand a line you can ask us.  

New Member
Jun 1, 2019 8:47:11 AM

It was the state income tax, and where can i print out a state return?

Level 15
Jun 1, 2019 8:47:13 AM

Have you filed yet?  How to print
<a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/1914214-can-i-print-a-copy-of-my-turbotax-online-return-before-i-file-it">https://ttlc.intuit.com/questions/1914214-can-i-print-a-copy-of-my-turbotax-online-return-before-i-file-it</a>

If you can't get back into your return, Try this, you can sign back onto your account,  click on Add a State.  This should get you back into your return.

New Member
Jun 1, 2019 8:47:15 AM

When I look at it, it just says 227 is the total tax due. Is that just what I'm paying to the state?

Level 15
Jun 1, 2019 8:47:17 AM

Sorry I'm confused.  What state and what line is the 227 on?

New Member
Jun 1, 2019 8:47:19 AM

Im in NJ, and it is on line 41

Level 15
Jun 1, 2019 8:47:21 AM

Ok that's right.  Line 41 is the tax on your income, 227.  Then you subtract out the amount you had withheld from your paychecks W2 box 17 $267.  That should be on line 53.  You get the $40 difference back.  Better than owing more.  If you want a bigger refund you can increase your withholding at work to have more taken out of each check. 

The withholding is only an estimate of the tax you will owe on all your income.  When you make more income you owe more tax.

New Member
Jun 1, 2019 8:47:23 AM

Okay, I definitely understand now because I was so confused. Thank you so much!