Question

My refund has been adjusted by almost $1400. I do not owe back taxes or anyone or any business money. What has happened?

Forum|Forum|5 years ago
April 1, 2021
1 reply
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TurboTax Deluxe Online

The IRS will send you a letter if your refund amount has been adjusted. It's possible the stimulus payment information you entered was not correct.

Watch for a CP10, CP11, CP12, CP13, CP16, CP23, CP24 or CP25 notice from the IRS. Those are the stimulus correction notices.

TurboTax offers free audit support. Contact us once you receive your IRS letter and we can go over it with you. If you purchased Audit Defense, contact them instead.

You can reach Audit Defense at 877-829-9695 or at intuit.taxaudit.com.

For more information on Audit Defense and TurboTax’s Audit Support Center see: https://support.turbotax.intuit.com/irs-notice/audit-support/

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M

mm-chapAuthor

It is a CP 24. Does that mean that I entered too much for stimulus? I entered the two payments we received last year for my husband and myself. I so appreciate your help!