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Level 2
March 26, 2022
Question

return2021

  • March 26, 2022
  • 1 reply
  • 2 views

My tax return is approximately 2000 dollars short with no explanation. How do I find out what happened and how do I get corrected paperwork

    1 reply

    Level 15
    March 26, 2022

     

     

     

    Sometimes we can make an educated guess as to the reason for your reduced refund if you mention specific amounts--for example if your refund was short by $1400---it is likely to be a mix up regarding the 3rd EIP payment.   If it is short by $1800 or  $1500 or  a multiple of that amount  ---   maybe a mixup regarding the advance child tax credit payments.   Or---the fees you were supposed to pay for using TurboTax + the "refund processing fee" charged by the third party bank….

    Did you choose to have TT fees deducted from your Federal refund?  (Remember that if you did that, you also agreed to an extra refund processing fee of $39.99 or $44.99 in CA)

    How can I see my TurboTax  fees?   

    https://ttlc.intuit.com/questions/2565973-how-do-i-review-my-fees-in-turbotax-online

     

    What is Refund Processing Service?

     

     

    The IRS will send you a letter that explains why your refund was reduced.   Meanwhile it might help you to check your online IRS account.

     

     

    https://www.irs.gov/payments/your-online-account

     

     

    https://blog.turbotax.intuit.com/tax-refunds/why-is-my-tax-refund-not-what-i-expected-49240/

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**