sjrcpa
Level 15
02-14-2021
07:15 PM
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"Sometimes the refund amounts don't recalculate at all when choosing "Prior Year option" and there is a $10,000 difference in Earned Income."
Might this be correct? Depending on what else is on the return, it could be. And refund amount is not the the correct comparison. Refunds = total payments and credits - total tax. If payments are low or nonexistent (unemployment anyone?) there won't be a refund.
Have you done the calculations manually to check?
The more I know the more I don’t know.