Question

Can someone help me understand why the irs reduced my refund amount by $1719. They list in details the reason being one of 5 reasons But don’t tell which one is the cause

Forum|Forum|4 years ago
January 7, 2022
1 reply
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Below is the irs detailed letter of possible causes but does not say which one is the cause.
We changed the amount claimed as Recovery Rebate Credit on your tax return. The error was in one or more of the following:
The Social Security number of one or more individuals claimed as a qualifying dependent was missing or incomplete.
The last name of one or more individuals claimed as a qualifying dependent does not match our records.
One or more individuals claimed as a qualifying dependent exceeds the age limit.
Your adjusted gross income exceeds $75,000 ($150,000 if married filing jointly, $112,500 if head of household).
The amount was computed incorrectly.

TurboTax Online

VolvoGirl

Employee

That is just the list of generic reasons they give if they changed the Recovery rebate credit on line 30. How much is on 1040 line 30?

Do you have an amount on 1040 line 30 for the Recovery rebate credit? Did you not get one of the first 2 Stimulus payments? Or qualify for more? Line 30 is only if you qualify for more or missed getting one.

If you claimed a missing stimulus payment on your return but the IRS took it off you have to ask the IRS. They think they already sent it to you. Did you get the 2nd round after you filed your return? Maybe it went to an account you don't remember. Or you got a check or a card. It was probably easy to miss the debit card in the mail and think it was junk mail. They have to put a trace on it.

How to put a trace on a missing 1st or 2nd Stimulus payment. IRS for Payment Issued but Lost, Stolen, Destroyed or Not Received

See question F3 here, you can expand it to see how to put a trace on it.

https://www.irs.gov/newsroom/2020-recovery-rebate-credit-topic-f-finding-the-first-and-second-economic-impact-payment-amounts-to-calculate-the-2020-recovery-rebate-credit

Line 30 is only if you didn't get one or both of the first 2 Stimulus payments or if you qualified for more, like if you added a dependent. Did you not get the full amount for the first two EIP payments? Maybe you got the second one after you filed?

I

ike_shipley-hotmAuthor

Line 30 of my 1040 shows $1800. Yes I did receive both stimulus checks. However when i filed turbo taxed asked how many stimulus payments I received before a certain date in December. To which I had only received 1 before that date. The second wasn’t received till 2021

VolvoGirl

Employee

You were suppose to include the one you got in 2021. The payment you got in January or February 2021 is an Advance and based on your 2020 return. So you tried to get it again. The year you got it doesn't matter. The Stimulus entry screen even says the second one is between Dec 2020 and Jan 2021 so you should include any payments you received in January and February.