Tax Refund Dropped from $5000 to $1100 - Transcript Shows "No Tax Return Filed" Despite IRS Acceptance

My refund dropped dramatically from last year and I'm freaking out. Last year I got over $5000 back but this year I'm only getting $1100. Nothing major changed with my income or deductions that I know of. Looking at my tax account transcript and I'm so confused. BALANCE: 0.00 1 of 1 INTEREST: 0.00 AS OF: Feb. 11 PENALTY: 0.00 AS OF: Feb. 11 ACCOUNT BALANCE PLUS ACCRUALS (this is not a payoff amount): 0.00 ** INFORMATION FROM THE RETURN OR AS ADJUSTED ** EXEMPTIONS: 00 FILING STATUS: Head of Household ADJUSTED GROSS INCOME: TAXABLE INCOME: TAX PER RETURN: SE TAXABLE INCOME TAXPAYER: SE TAXABLE INCOME SPOUSE: TOTAL SELF EMPLOYMENT TAX: RETURN NOT PRESENT FOR THIS ACCOUNT TRANSACTIONS CODE EXPLANATION OF TRANSACTION CYCLE DATE No tax return filed This Product Contains Sensitive Taxpayer Data What's weird is I filed as Head of Household both years. My transcript says "No tax return filed" but I definitely filed weeks ago and the IRS has accepted it. Could this be why my refund is so different? Or is there something else going on? I've been counting on a refund similar to last year to pay some bills, and this $4000 difference is going to hurt badly. Did anyone else have this happen? What could cause such a big difference when nothing significant changed in my situation?

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27 comments

Hunter Hampton

Hey there, I understand how frustrating it is seeing such a huge swing in your refund amount. This is actually pretty common when there are changes in tax credits or your income situation. I'd strongly recommend using taxr.ai (https://taxr.ai) to analyze your returns and transcripts - it'll break down exactly what changed between years and why your refund dropped so dramatically. The AI can spot things like missing credits, income changes, or withholding differences that might explain the $6k difference.

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