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When I did my taxes it said my federal return will be 700 and I checked today and it’s only 300 why did it drop so much

 
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When I did my taxes it said my federal return will be 700 and I checked today and it’s only 300 why did it drop so much

Only the IRS would know why your are receiving a lower amount for you refund.  You  should receive a letter explaining the difference in your refund amount.

 

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

https://ttlc.intuit.com/community/refunds/help/why-is-my-direct-deposited-refund-or-check-lower-than...

**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.**

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Level 15

When I did my taxes it said my federal return will be 700 and I checked today and it’s only 300 why did it drop so much

Only the IRS would know why your are receiving a lower amount for you refund.  You  should receive a letter explaining the difference in your refund amount.

 

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

https://ttlc.intuit.com/community/refunds/help/why-is-my-direct-deposited-refund-or-check-lower-than...

**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.**

View solution in original post

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