You'll need to sign in or create an account to connect with an expert.
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.
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.
See this IRS website for federal tax refund FAQ's - https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions
Why is my refund different than the amount on the tax return I filed?
All or part of your refund may have been used (offset) to pay off past-due federal tax, state income tax, state unemployment compensation debts, child support, spousal support, or other federal nontax debts, such as student loans. To find out if you may have an offset or if you have questions about an offset, contact the agency to which you owe the debt.
We also may have changed your refund amount because we made changes to your tax return. You’ll get a notice explaining the changes. Where’s My Refund? will reflect the reasons for the refund offset when it relates to a change in your tax return.
Tax Topic 203 - Refund Offsets for Unpaid Child Support, Certain Federal and State Debts, and U... has more information about refund offsets.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
iamextraordinarymo
New Member
Jcorry17
New Member
user17620428287
New Member
fastesthorse
Level 2
mdnagy06
New Member