IRS Notice CP11 says I owe Recovery Rebate Credit (RRC) Back!

[Doug Kariker]

Not sure. I will have to pull my return. It is on my hard drive at home. I am at work. Where would I go to see how the IRS changed my return. They show a tax liability on the CP 11 of $5,383.00 on line 24 on form 1040 SR. That same for my calculations as is theirs. Did they change my return?

[xmasbaby0]

Read your IRS letter more carefully.   You say it referred to the recovery rebate credit.   That suggests you messed up with line 30.   What was on line 35a of your Form 1040 when you filed?   If the IRS took $2800 away from that amount, what do you end up with?

[NCperson]

@Doug Kariker - it's not the tax liability that they changed...it's line 30, which is in  the payment section.  The Recovery Rebate is a form of payment (I know sounds convulted that the IRS gave you money, but it was used to pay your taxes) 

I suspect Line 30 was changed from $2800 to zero. THAT is why you now owe, 

[shirldelva]

As of 1/16/23 I owe $878 from 2020 using Turbo Tax.

[xmasbaby0]

@shirldelva TurboTax does not get any information from the IRS after you file your tax return.  Did you make a mistake with the recovery rebate credit that resulted in a reduced refund/tax due?   If you already received the EIP payments for 2020 then line 30 on your 2020 Form 1040 should have been blank.   Did you receive those payments and say no when it asked you about them?  Do not rely on your memory as to whether you received them.  Check your bank account for deposits in 2021 and check your online account with the IRS.   (A LOT of people made mistakes with that recovery rebate credit).

https://www.irs.gov/payments/your-online-account

Your 2020 return should have included your answers about BOTH of the stimulus payments made for tax year 2020.  Lots of people messed it up because the 2nd payment did not arrive until early 2021.  But it had to go on your 2020 return.

The first EIP --or stimulus check--- was issued in 2020  It was for $1200 for adults and $500 for a dependent under the age of 17.   The IRS used information from either your 2019 or 2020 tax return to issue those checks so they could send them out in a hurry.

The 2nd EIP or stimulus was issued in late 2020 or early 2021 and was $600 for adults and $600 for dependents under age 17.

[cyclops2020]

The answer is to stop using turbo tax as they don't give a sh*t.

[Critter-3]

TT is simply a DIY income tax program who has no right or ability to do anything for you with the IRS at anytime.   Once you have completed a return then their responsibility ends ... period.  If you want help to deal with the IRS then feel free to employ a local tax pro, use one of those companies who advertise on TV,  the free taxpayer advocate office or even  your local  congress person.