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onnikus
New Member

TurboTax says my federal return is 2700, they only deposited 1100 with no explanation. Why?

I only received about 1100 in a deposit when TurboTax said I'm expecting 2700 for federal. Is it normal for TurboTax to split up federal return deposits? It's been a few days since this one posted to my account.
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2 Replies

TurboTax says my federal return is 2700, they only deposited 1100 with no explanation. Why?

See this info

Topic No. 203 Reduced Refund | Internal Revenue Service

Why is my direct-deposited refund or check lower than the amount in TurboTax?

Why is My Tax Refund Not What I Expected

 

The third Economic Impact Payment of $1400 per person was sent out in March of 2021. The IRS may be saying you got it and are asking for it again on you return.

 

onnikus
New Member

TurboTax says my federal return is 2700, they only deposited 1100 with no explanation. Why?

I found some notes on the IRS website about why my return was reduced that said my AGI was more than $75,000 (and that I listed my dependent info incorrectly when I had no dependents to even list, and indicated this). That's impossible and I did not indicate such on my return. I asked around and this specific issue is extremely common; people making less than 75k being cited as doing so for the reason of their reduced return. Something fishy is going on. 

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