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Stimulus amount was based on my 2019 taxes where I made more than my 2020 taxes

I have filed my 2020 taxes and have received the refund, however I got a notice from the IRS that my stimulus check was based on my 2019 taxes - where I made more than 150k thus reducing my stimulus check. Will I be able to use Turbo Tax to request the corrected stimulus amount?

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3 Replies
CatinaT1
Employee Tax Expert

Stimulus amount was based on my 2019 taxes where I made more than my 2020 taxes

We are not sure how this will work yet.

 

This link continues to be updated as information becomes available.  This information is provided by the IRS - Third Stimulus FAQ  

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Stimulus amount was based on my 2019 taxes where I made more than my 2020 taxes

Thanks for the response - so the best plan is to just check back in a month or so?  The difference in the stimulus is significant.

CatinaT1
Employee Tax Expert

Stimulus amount was based on my 2019 taxes where I made more than my 2020 taxes

We will just have to wait for IRS guidance on this.  Keep checking that link for new information.

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