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zeddysready
New Member

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

 
13 Replies
NCperson
Level 15

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

if that your refund? $1? 

 

that just means the taxes taken out each paycheck "perfectly" estimated the taxes calculated on your tax return. 

mesquitebean
Level 15

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

While it's possible you paid the taxes down that close, it's always good to double-check.  You need to be sure you entered your income and withholding, tax payments, etc. correctly, and that there are no typo's, misplaced decimals or commas, etc.

 

Print out  your return and go over each line carefully to be sure your entries are correct.  Compare it to last year's return and see if you spot anything that looks different, and if so, investigate your entries for that topic.   Also be sure you received any tax credits you were entitled to, such as the Earned Income Credit, if applicable.

Squirreldog
New Member

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

Mine too?!?, I'm so bitter. 

NCperson
Level 15

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

what are you bitter about? you should be happy.  What was withheld from each paycheck meets what you owe and the government wasn't using your money all year.

 

Alternatively, ask your employer to withhold more each week.  That will cause a refund next year. 

Leauntay
New Member

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

Anybody found out while there’s is doing that? Mine is doing that too 

FangxiaL
Employee Tax Expert

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

Smaller refunds aren't necessarily a bad thing: It may mean that you kept more of your own cash instead of overpaying the IRS.

 

If you can provide more details of your tax situation, I can check to see if you have missed any tax credits.

 

You can always reach out to TurboTax Experts to ask your questions before you file your returns. 

 

 

 

@Leauntay

Leauntay
New Member

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

Hey did you find out what was wrong? I’m having the same problem. I can’t get in contact with turbo tax please help

DoninGA
Level 15

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused


@Leauntay wrote:

Hey did you find out what was wrong? I’m having the same problem. I can’t get in contact with turbo tax please help


Look at your tax return and follow the math on the lines with amounts entered.  

Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

Leauntay
New Member

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

Hey did you find out why your return was $1 mine is doing that now 

melmom16
New Member

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

Mine is showing only 1.00 i always get a refund.  Did you get an answer?

MaryK4
Employee Tax Expert

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

There are many reasons your refund changes year-to-year.  This is why it is a good idea to check your withholdings at the beginning of the year and any time there are any changes during the tax year,  See Why did my refund go down compared to last year's?

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melmom16
New Member

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

I have worked several years at same place..so has my daughter.  We both do zero withholding on W4 at the sign up every year.  That way max will be taken out the entire year.  The page shows your refund is $3423.00.  Before the page to submit it says 1.00.  Thats a huge difference and does not make sense.  So i am trying to find out if this is happening to anyone else who is already filing this year.

 

 

ChondelLO
Employee TurboTax Specialist

I worked a full year and my tax return is only $1. This doens't seem right, does anyone have any idea why my tax return is only amounting to this little? I'm v confused

Try clearing your cache and deleting the cookies. If that doesn't work, try using a different browser. If you continue to have this experience after trying those steps, please contact Customer Support for assistance.  @melmom16 

 

For information on how to contact Customer Support, please visit the link below.

 

How do I contact TurboTax? - Intuit

 

For information on how to clear your cache, please visit the help article below.

 

How to clear your cache - Intuit

 

For information on how to delete your cookies, please visit the help article below.

 

How do I delete cookies? - Intuit

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