WebNov 19, 2024 · Why is my refund less than expected TurboTax? You paid your TurboTax fees with your refund When you pay your TurboTax fees with your federal refund, the TurboTax fee plus a separate Refund Processing Service (RPS) fee are deducted from your total refund amount. So your IRS-issued tax refund might be less than the amount shown in … WebFeb 6, 2024 · The change is that fewer taxpayers should be overwithholding and more should be under withholding — in other words, fewer people will get a refund and more people will be asked to pay up ...
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WebMar 2, 2024 · 2024 Refund Payments Smaller According to the IRS. Since there were no new federal stimulus (EIPs) or expanded tax credits paid in 2024, it was always highly likely that refund payments will be much lower than in the prior few years, despite expanding tax brackets.The IRS themselves confirmed this in a tax season readiness statement.. … Web5 hours ago · $500 or Less Feedback Sports Pro Mechanic HD Repair Stand - $495. Feedback took its already stellar and industry-benchmark repair stand and improved on the design. This 18-pound stand supports ... bnc connector max resolution hd cc tv
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Web17 hours ago · In other words, to receive a refund of more than $10,000 you must be a Californian eligible for both tax credits. Below are the requirements for each:. EITC. Having worked and earned lower income ... WebJan 21, 2024 · Thus, any tax dues less than Rs 100 would be carried forward for the purpose of set-off against the refunds of any future years," says Dr Suresh Surana, founder, RSM India, a tax consultancy firm. Sec 143 (1) notices sent by the income tax department to taxpayers after processing their returns also indicate the above in cases where there is a … Web2 days ago · The deadline to file taxes is in less than a week, and there are several credits taxpayers can take advantage of if they wish to make the most of their returns this year. The Child Tax Credit is ... bnc connector mouser