Received IRS notice Error 2021 for Child Tax Credit & Recovery Rebate

[kd529]

I just received a notice from IRS that I owe for 2021 because of incorrect Child Tax Credit and Recovery Rebate.  I figured out the child tax part because I didn't have the total amount in monthly payments received when I filed.  However, I cannot figure out the Recovery rebate issue.  My AGI was under 150K, married filed jointly, 1 dependent who was still 17 at the end of 2021.  My 3rd economic payment was $2100.  I entered that into Turbo tax when I filed. My understanding is the Recovery rebate for married filed jointed was $2800 and $1400 for each dependent. Why would I not get the credit for the difference (2800+1400=4200-2100=$2100 credit on 2021 taxes)?

I am trying to call IRS but cannot get through for two days.  If I am wrong on my conclusion that is fine and I don't want to waste time trying to get a hold of them. So any thoughts are appreciated.

[xmasbaby0]

LOTS of people have made mistakes this year with the recovery rebate credit by "forgetting" that they received the $1400 per person stimulus checks last year.  They answered no to the questions for the  recovery recovery rebate credit and put the $1400 per person on line 30 of their returns.  But you cannot get it twice, so the IRS removes it when it is there by mistake.  The IRS sent letter 6475 showing that you received the 3rd stimulus check. 

It is very important that if you filed a joint return—-the IRS sent letter 6475 to EACH spouse.  You had to enter the total amount received.   Many people misunderstood and entered only the amount from one of the letters.

Try checking your online account with the IRS (and if you filed a joint return—check for BOTH of you)

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

Does the IRS show that you received a $1400 per person stimulus or EIP check in 2021?   Did you receive it?   When you were asked on your tax return did you say no?   Was there $1400 per person on line 30 of your tax return?

If the IRS says you got $1400  per person last year but you did not receive it you can have it traced.

LOST THIRD STIMULUS CHECK

https://www.irs.gov/newsroom/questions-and-answers-about-the-third-round-economic-impact-payment-top...

If you need to trace a payment that the IRS says has been issued to you, mail or fax a completed IRS Form 3911, Taxpayer Statement Regarding Refund.

[VolvoGirl]

You better double check your bank statements and check your IRS account (both accounts if married) to see what they sent you.  The 3rd Stimulus started coming out in March 2021.  
https://www.irs.gov/payments/your-online-account

Did you get letter 6475 from the IRS saying they sent you 2,100?   They sent a letter for half to each spouse.  The IRS records show they sent you the full 4,200.  So you each got a letter for 2,100.  

That happens a lot.  People only enter the amount they got from only 1 letter and miss the other half.  And when they check their bank account they find the full amount.  

[NCperson]

this is by far the biggest error made on the Recovery Rebate

Filing Joint and not realizing that the letter for the IRS only represented what one of the spouses received..... and that the two letters needed to be added together when entering into Turbo Tax,