I received the following message regarding changes to my return, they appear to be documents that were not identified by TurboTax as being necessary. How did this happen? These changes made a significant difference in my refund. Looking for an explanation.
| Details: We changed the amount of business income or loss on your tax return because there was an error on Schedule C/C-EZ, Profit or Loss From Business. The error was in one of the following:
Please read the following information related to your tax situation:
|
| |
| Details: We changed the amount claimed as Recovery Rebate Credit on your tax return. The error was in one or more of the following:
Please read the following information related to your tax situation:
|
You'll need to sign in or create an account to connect with an expert.
Ok ... you have 2 issues to address ... first the self employment on Sch C ... did you enter the 1099-NEC income anywhere on the return? Did you enter it on the Sch C or Sch 1 line 8 ?
And second the stimulus credit ... you can have either the stimulus credit OR the stimulus advance but not both. So if you have the stimulus amount on the form 1040 line 30 but the IRS thinks they sent the advance already then you need to check your records for the payment ... then if you really did not get it have a trace put on the missing money.
1) check you bank records from March - May, 2021 to see if you overlooked the fact that you received the 3rd stimulus already. if you find it, there is nothing else for you to do.
2) if there is no record of receipt, then you'll have to complete the trace document and submit
https://www.irs.gov/pub/irs-pdf/f3911.pdf
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
ppppppratriotictaxpayer
New Member
raywk2024
New Member
ppppppratriotictaxpayer
New Member
Detour2
New Member
joe-irrera
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.