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why did my refund go from 201 minus expense now its 124

last week turbo tax stated I'd get 201 minus expenses why did it change to 124? this makes no sense?
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1 Reply
LindaS5247
Expert Alumni

why did my refund go from 201 minus expense now its 124

There may have been an update to the program. Did you opt to have fees taken from your refund amount?

 

Try previewing your actual return as it is a more accurate reflection of your return. 

 

You can get to your tax return in TurboTax desktop as follows:

  1. Switch to Forms Mode, and then  (see screenshots below for additional guidance)
  2. Scroll through your forms in the left panel and 
  3. Click on the form you want to preview (Example Form 1040)

 

You can get to your Tax Return in TurboTax Online as follows: 

  1. Go to "Tax Tools" in your left panel,
  2. Select "Tools" and then 
  3. Select "View Tax Summary" and 
  4. Select "Preview Form 1040"

 

Click here for "How do I update and print a new W-4?"

 

Click here for "Why do I owe taxes?"

 

Click here for "Video: Why Would I Owe Federal Taxes?

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