turbotax

[MonicaM]

Did you have a specific question about TurboTax?

[ppmorris]

When I brought up my tax return it showed I was due #1,168.  Then I added my stock sold which had a $3,000 loss and my refund went down to $508 refund due.  I would have though the refund would have gone up.  Any thoughts?

[ThomasM125]

Some credits, like the earned income credit and child tax credit, can go down when your income decreases, and that can reduce your refund. Also, are you sure that you had a refund to begin with? Maybe the $1,168 was tax you owed, not a refund.

You can remove the stock sale and view your tax return, then put it back in and view it again to see what changed. You can view your tax return in TurboTax as follows:

1. Find the "Tax Tools" option on your left menu bar and click on it

2. Click on "Tools"

3. Click on "View Tax Summary"

4. On the left menu bar see the option "Preview my 1040" and click on it to view form 1040 and schedule 1 to 3