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gsawaya
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I got a refund of $279, anyone understand why?

 
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3 Replies

I got a refund of $279, anyone understand why?

No one will know why you received this tax refund.

Was it a federal tax refund, state tax refund, local tax refund, property tax refund?

What tax year for this refund?

DJS
Alumni
Alumni

I got a refund of $279, anyone understand why?

Was it a state tax refund, and by any chance do you live in Virginia?

Answers are correct to the best of my ability but do not constitute legal or tax advice.
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I got a refund of $279, anyone understand why?

If you filed early and had Schedule D for investments or sales in your return the IRS had an update and has been sending refunds or tax due bills.

 

IRS info on Schedule D changes (after May 15, 2019)

https://www.irs.gov/forms-pubs/error-in-tax-calculation-in-schedule-d-tax-worksheet-form-1040

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