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7 Answers

2013 tax refund was reduced by the irs….why is that?

Asked by: Long 882 views YA Discussion

Ok so when I login to where’s my refund on the IRS website, my refund status is now telling me approved and there is a date for my direct deposit which is awesome. However my expected refund amount on the left side of the screen is now $ 500 less than what was originally on my taxes. What could be the reason for this?

I got my taxes done at an H&R Block office. I am not forgetting about their fees which total about $ 250; the $ 500 difference is prior to the deduction of my tax preparation fees. Also, I do not have any of the following:

· Past due child support (my husband and I only have 2 children with each other; there is no child support due so it can’t be past due.)

· Federal agency non-tax debts (no debts to anyone; never had a business, or received any money from the government other than student loans.)

· Certain unemployment debts owed to the state (neither of us have ever claimed unemployment.)

· Past due federal student loans (husband and I are both currently in graduate school and receiving student loans so the past loans are deferred and current.)

· State income tax obligations (nope, always get a refund and have never owned a business.)

So is there something else it could be…I don’t want to jump the gun and assume that the tax preparer at H&R Block made a mistake or miscalculation so if anyone can think of any other reasons I would like to hear them.


7 Answers

  1. Max Hoopla on Mar 01, 2013 Reply

    IRS will tell you. All we can do is guess.

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  2. MadMan on Mar 01, 2013 Reply

    You will get a letter from the IRS explaining this. Anything here would be pure guesswork. Note also that you could have made an error on your return and this could be a correction by the IRS.

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  3. Bobbie on Mar 01, 2013 Reply

    And once the dust does settle and you do get the information from the IRS about why you had some changes in the numbers amount of what you thought your original REFUND amount was supposed to be and why and what did cause the numbers to change at that point in time you will really know what the CORRECT answer will be.
    Hope that you find the above enclosed information useful. 03/01/2013

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  4. Cranston Harrison on Mar 01, 2013 Reply

    Yea the irs doesn’t do anything without explaining it so just wait for a letter or call them. Check out your tax papers and make sure everything matches your W2.

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  5. kissarmy on Mar 01, 2013 Reply

    You may be able to figure out what it is by ordering your tax transcripts from the Irs website…just a idea.

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  6. Beverly S on Mar 01, 2013 Reply

    The amount of exactly $ 500.00 makes it sound like possibly an error on the part of the preparer… or a child tax credit taken when not available… (child turned 17)…

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  7. Beverley on Mar 01, 2013 Reply

    Did you possibly take one of those home loan credits a few years back and forget that they take a payment every year for so many years? I think those payments are 500.00

    But then again, Block would have gotten that information and should have contacted you.

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