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Level 1
April 24, 2024
Question

Tax refund issue

  • April 24, 2024
  • 1 reply
  • 8 views

The tax refund amount was $1,272 and some amount was deducted for as service fee and was expecting a payment deposited to my bank account amounting to $1,027 approximately.  The amount I see credited to my bank account is $335.27.

 

Please explain where the $691 went.

 

Thanks

Jacob

1 reply

CatinaT1
Level 15
April 24, 2024

The IRS and State Governments have the ability to offset a refund to pay for certain past due debts.  You generally will receive a letter stating what the offset was for.   

The IRS provides a toll-free number, (800) 304-3107, to call for information about tax offsets.

 

Once your return is filed, TurboTax has no control over the processing of your return or the release of your refund.

 

Here are a couple FAQs to track your refund:
When will I get my federal tax refund?
How do I track my state refund?
Why does Where's My Refund say "approved" but TurboTax still says "accepted"?

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