Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 3, 2019 10:30:45 AM

Turbotax is showing a federal refund that is higher than the tax we paid in. Is this OK?

0 1 193
1 Best answer
Level 7
Jun 3, 2019 10:30:46 AM

If you received refundable credits such as the Earned Income Tax Credit, and/or the Additional Child Tax Credit, or the American Opportunity educational credit, your refund may be greater than the amount of tax paid

Just in case, you should review your return, checking your date entries starting with your W-2, looking for errors such as misplaced decimals or extra zeros


1 Replies
Level 7
Jun 3, 2019 10:30:46 AM

If you received refundable credits such as the Earned Income Tax Credit, and/or the Additional Child Tax Credit, or the American Opportunity educational credit, your refund may be greater than the amount of tax paid

Just in case, you should review your return, checking your date entries starting with your W-2, looking for errors such as misplaced decimals or extra zeros