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Level 1
June 25, 2022
Question

refund more than I expected

  • June 25, 2022
  • 1 reply
  • 9 views

I received refund ($7000+) more than I expected ($5000+). I asked Turbotax to deduct the service fee from the refund so I actually receive the refund from TPG products. It's already been direct deposited. What should I do now?

    1 reply

    Level 15
    June 25, 2022

    @catnipan -

     

    1) did you review your tax return to confirm what the refund was supposed to be? 

     

    2) get on IRS.gov and review your transcript.  Is it possible that that IRS adjusted your refund (and this would be unusual) so that it is higher?????  They would be sending a letter to explain in a few weeks.

     

    I'd want to figure out if the IRS made an adjustment or SPTG made a mistake.... so start with the IRS.  


    https://www.irs.gov/individuals/get-transcript