Third stimulus check error

Forum|Forum|4 years ago
February 12, 2022
2 replies
8 views

I filed my federal income taxes and submitted them to the IRS already and just found out I made a huge mistake. I never received the third stimulus check, or so I thought. I reported on my taxes I didn’t receive it and 3 weeks later I was at my mothers house and she had a stack of mail for me from the last 2 years. In it was a letter stating I did get the payment and it was deposited into a bank account I haven’t used in over a year. I checked the account balance and sure enough there was a $1400 stimulus payment. Yes it was a great feeling to find an extra $1400 but after the euphoria wore off I got the wind knocked out of me because I remembered my taxes. It’s been 20 days since I submitted them and they are still being processed. I’m worried about what might happen now. I’m a seasonal worker and I desperately need my refund to get by. So what can I expect in terms of delays or even legal issues from all of this?

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Best answer by xmasbaby0

Sorry----but you can expect a delay in processing your return. Since you answered incorrectly about that stimulus payment, your return will be reviewed. The IRS knows they sent it to you, so they will reduce the refund you were seeing on your tax return form by that $1400. It will take extra time---we cannot tell you how much extra time. You will not have "legal issues"-----there are a LOT of people making mistakes with this.

xmasbaby0

Answer

Level 15

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

HdotflyAuthor

Level 2

Poking around on Reddit and Google I’ve seen a lot of people saying that when their returns were being held for further review they were told it would be 60 days before they could contact the IRS for any status updates. Can I expect something similar?

xmasbaby0

Level 15

Maybe. A lot of people made similar mistakes with the recovery rebate credit on their 2020 returns and their refunds were delayed. The IRS cross checks returns with amounts on line 30. It is too soon in the tax filing season to know how long the delays might be this year. There is going to be plenty of confusion between the child tax credit and recovery rebate credits. All you can do is wait and watch the IRS site for information.

steve-7562

Level 2

I had a somewhat similiar issue. I never received the $600 stimulus check. I wrote the IRS, and they informed me that it was sent to a wrong address and returned. The $600 was all that was owed to me on my 2020 return. The IRS told me to claim the $600 as a credit and as a " refund rebate credit" on my 2021 return. I couldn't figure out how to do that, so I went to the local IRS office today. They told me to NOT AMEND my 2020 return. There was nothing wrong with it. I was to adjust line 30 on the 1040. There is a Recovery Rebate Credit Worksheet. Line 12 is $1400. I put in $800 on line 13, and the form calculated the correct $600 Recovery Rebate Credit, that goes to line 30.