Question
refund reduced by IRS
Turbotax calculated a refund due me of $1,656. I got $819.79. I requested a transcript and it shows a credit transfer out to 1040 202012 of $436.21. My 2020 return was messed up because I filed it before TurboTax made changes to reduce the amount of unemployment compensation subject to federal income tax. After the change, I was due a refund rather than owe the IRS. It appears the IRS deducted the $436.21 plus $400 I paid on taxes I thought were due in 2020 because of the Unemployment Income snafu. Any ideas on how I go about determining if The IRS refund amount is correct or the Turbotax refund is correct??
