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March 12, 2025
Question

I ended up getting a refund of $7k. I want no refund at all. How do I decrease my refund to zero?

  • March 12, 2025
  • 1 reply
  • 0 views
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    1 reply

    JohnB5677
    March 12, 2025

    Your refund is calculated by the information you enter into TurboTax.

    • I suggest that you first confirm all of the postings that you've put in.
    • Then, check the actual tax form

    From the left sidebar

    1. Select Tax tools
    2. Hint: You may have to minimize the Federal and State selections
    3. Click Tools
    4. A Menu will pop up
    5. Select View tax summary
    6. On the left panel click Preview my 1040

    Some Key numbers to compare:

    • 11 Adjusted Gross Income
    • 12 Deductions
    • 15 Taxable income
    • 16 Tax
    • 19 Child Tax Credit
    • 26 Earned Income Tax Credit
    • 28 Additional Child Tax Credit
    • 33 Total Payments
    • 34 Overpayment
    • 35a Refund
    • 37 Amount you owe
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