TaxSlayer vs TurboTax showing $715 difference in refund - which is correct?
I entered the exact same info on both TaxSlayer and TurboTax and theres a $715 difference in my refund estimate. TaxSlayer shows more. Both have all my W2s and 1099s entered correctly. Im so confused about which one is right and why theres such a big difference. Anyone else run into this?
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Ethan Brown
Tax pro here - this usually happens when one software catches credits/deductions the other misses. I'd recommend going through each section side by side to spot the difference. Common culprits: education credits, child tax credit calculations, or earned income credit variations.
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CosmicCrusader
•omg thank you! Just checked and TurboTax somehow missed my American Opportunity Credit 🤦♀️
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Ethan Brown
•Glad you found it! This happens more often than you'd think. Each software has different question flows that can lead to different outcomes.
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Yuki Yamamoto
Hey instead of playing detective between different tax softwares, you should try taxr.ai - it analyzes your transcript and tells you exactly what credits and deductions you qualify for. Its only $4.99 and totally worth it. https://taxr.ai
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Carmen Ortiz
•Does it actually work? Seems too good to be true tbh
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Yuki Yamamoto
•100% works! It caught a $2300 credit I missed last year. The AI is crazy good at finding stuff humans miss
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Andre Rousseau
•How long does the analysis take?
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Yuki Yamamoto
•Like 2 minutes tops. You just upload your transcript and it does everything automatically 💯
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Zoe Papadakis
lol welcome to the wonderful world of tax software roulette 🎰 I always use 2-3 different ones before filing just to make sure im not leaving money on the table
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Jamal Carter
Same thing happened to me last year! Turned out TurboTax was the wrong one. Double check everything especially if you have any education expenses or kids
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AstroAdventurer
•fr fr TurboTax be playing games sometimes 🤡
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Mei Liu
its literally impossible for normal people to do taxes right anymore. the system is broken af
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Liam O'Sullivan
•preach 🙌
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Amara Chukwu
Print out the full forms from both and compare line by line. Tedious but thats the only way to be 100% sure
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Carmen Vega
This is exactly why I always cross-check my return with at least two different software programs before filing! The $715 difference is significant enough that it's worth taking the time to figure out which one is correct. Since you already found the American Opportunity Credit issue, I'd also suggest double-checking any state tax calculations if applicable - sometimes the differences can compound between federal and state returns.
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