Skip to main content
April 6, 2021
Question

Why was my refund reduced by $623 due to a change in the amount claimed as recovery rebate credit?

  • April 6, 2021
  • 1 reply
  • 0 views
They reduced my refund by $623 stating they changed the amount claimed as recovery rebate credit. I'm not sure why. I received the first two stimulus checks for $600 each.

1 reply

April 6, 2021

Please check if you claimed the Recovery Rebate Credit on line 30 of Form 1040

If you received the first and second stimulus payments then you cannot claim the Recovery Rebate Credit and the IRS will reduce the refund amount. If you had the Recovery Rebate Credit on your return then the amount was included in your total refund amount on line 34.

 

The first stimulus was 1,200 and the second stimulus was $600.

 

Please see IRS letters explain why some 2020 Recovery Rebate Credits are different than expected for additional information.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"