Why did the IRS remove X amount of money from my account when I'm owed the same amount as a refund (refund is green)?

[DoninGA]

Did you report that you did not receive the 3rd stimulus payment and the IRS removed that amount from your tax return?  If so, the IRS has records which show that the 3rd stimulus payment was sent to you.

The Recovery Rebate Credit would have been entered on your Form 1040 Line 30.

You will need to wait for the IRS to send you a letter which will have the changes the IRS made to the return which changed the refund.  If you disagree with the IRS there will be a procedure in the letter to dispute the IRS changes.

[callott1998]

Thank you for your reply!

I did in fact not receive the 3rd stimulus check, so why exactly did they deduct $1,400 from my account? 

[DoninGA]

If your refund is short $1,400 then the IRS has records that show you were sent the 3rd stimulus payment so they removed the $1,400 Recovery Rebate Credit that was entered on Form 1040 Line 30.

If you checked your bank account in the March - May 2021 timeframe and there is not a $1,400 EIP3 payment from the IRS then go to this IRS website for how to start a trace on the payment - https://www.irs.gov/newsroom/questions-and-answers-about-the-third-economic-impact-payment-topic-j-p...