Are tax refund and tax return the same thing?

$6 TAX REFUND!!!!!!!!?

  • So I received a check in the mail today, and it was a $6 STATE tax refund. I did my taxes a at a Liberty Tax Service location, and I requested DIRECT DEPOSITE. I checked my Bank account, and there was no tax money in my account. The people at Liberty also said I should be getting over $300 in my return So here are my questions: Will I get more money through direct deposite that hasn't went through yet? Why did I receive this $6 check when I requested Direct deposite? Since the check says its a "State Refund", will I get a federal refund soon? Is there a difference between Tax "Refund", and Tax "Return", or do the mean the same thing? Any advice helps. 10points for the most helpful answer. Thank you

  • Answer:

    Ph.D.? A tax return is the form you sign and file; a tax refund is the amount you get back (which you overpaid via withholding during the year). From your description, it sounds like you received your state refund by check and will receive your federal refund via direct deposit. If your tax preparer showed that you are due $300, then you can probably expect the remainder in your federal refund. _

~Drez Ph. D at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

take it back to Liberty Tax and have them explain it

tro

You are CONFUSED You file a tax RETURN in order to receive (hopefully) a tax REFUND State and Federal refunds are from totally separate governments and come separately Didn't you pay attention when having your taxes done? READ the paperwork they gave you and see whether the Federal AND State refunds were both to be Direct deposited, or just the Federal. Normally one would have both DD, but some prefer to have the state mailed to them (don't know why!). It should have been YOUR selection. It is indicated in your paperwork. If you can't figure it out, go back to Liberty with your papers and politely ask them to explain it to you again. YOU are responsible for YOUR Tax Return, even when you pay some one to prepare the return for you!

chatsplas

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.