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pkali
New Member

Looking for a breakdown of the fees i was charged, the amount deposited was roughly $300 less than anticipated

 
3 Replies
SweetieJean
Level 15

Looking for a breakdown of the fees i was charged, the amount deposited was roughly $300 less than anticipated

One possibility why your deposited amount is less than your expected refund is that you used the Refund Processing Service to pay your TurboTax Online fees. If so, your TurboTax fee plus the additional processing fee of $34.99 ($39.99 in California) plus sales tax is deducted from your Federal tax refund.

Another possibility is that your refund was reduced by the government, either to correct an error or through a refund offset. The IRS Where's My Refund tool will let you know if your refund have been offset.

You'll get an explanatory letter from the government if your refund differs from what was on your filed return.

Federal and state refunds are sent separately, each on its own timetable, so you may have gotten one but not the other.

pkali
New Member

Looking for a breakdown of the fees i was charged, the amount deposited was roughly $300 less than anticipated

right, the amount that the IRS said they sent, after deducting what i owed, is less than what was received in my bank account,
pkali
New Member

Looking for a breakdown of the fees i was charged, the amount deposited was roughly $300 less than anticipated

by roughly 300$
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