Hi!
I got my refund today. It was originally supposed to be $3150. Just over $700 was deposited today and I should've only been charged about $150~ by TurboTax. My questions are:
-Would this deposit be a combination of my federal and state refunds? Or could I be expecting more payments?
-Why is it so much lower? I might've still owed maybe $100 on my taxes from last year, could the interest have brought it up that much?
-Where can I go to find a receipt of the payout breakdown?
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Know that your Federal and State refunds will come separately. Your refund could also be offset.
The IRS and State Governments have the ability to offset a refund to pay for certain past due debts. You generally will receive a letter stating what the offset was for.
The IRS provides a toll-free number, (800) 304-3107, to call for information about tax offsets.
To see what you are being charged from TurboTax please follow the instructions in the following FAQ: Review Fee's
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