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Is it an issue if my downloaded state return IT-201 form shows a refund amount of a few hundred USD but my Tax Home page on Turbo tax shows a $0 refund?

 
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MonikaK1
Expert Alumni

Is it an issue if my downloaded state return IT-201 form shows a refund amount of a few hundred USD but my Tax Home page on Turbo tax shows a $0 refund?

Your state return shows the correct amount. In your Desktop product, you can go to Forms mode to check the latest version of your forms. In an Online product, you can preview your return before filing to find out how your taxes were calculated. See here for details. 

 

Instead of a refund meter at the top of your screen, you may see your refund or taxes due in the Review section of TurboTax Online. For accuracy and simplicity, we show these totals after you enter your income, deductions, and credits instead of a running refund tracker at each step of the filing process.

 

This change was made for the tax year 2024 products.

 

Taxes are often calculated using a different method than the tax tables. For example, if you have capital gains, the tax on those is calculated at the capital gain rate for your income level. If you are self-employed, you may have self-employment taxes in addition to income taxes.

 

 

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