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Incorrect Refund

I received my refund on March 2nd at the amount of $1,382.82 and it was supposed to be $3,002 minus my Turbo Tax fees. I do not have kids, I do not have any outstanding balances with the federal government. I would like to know why my refund was cut so short. 

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2 Replies

Incorrect Refund

If the IRS sent you less you have to ask them what they changed.  They will send you a letter.  The 2 most common reasons this year is you entered the wrong amount on line 30 for the Recovery Rebate Credit (3rd Stimulus payment) or line 28 for the Child Tax Credit.  Those lines are just if you didn't already get the full amount or qualify for more.  The IRS knows what they already sent you.  

 

A lot of people answered the questions wrong and tried to claim the credits again.  Double check your bank statements to see what the IRS sent you during the year for the 3rd Stimulus payment.

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