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

posted

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...

View solution in original post

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.