Federal Tax

[KudSue]

How in the name of Christmas can I have a NEGATIVE income of 11k and change, have paid in $624 in taxes and OWE $776??????!!!!  I have no tax liability from previous years.

What am I missing?  Can anyone explain this?

[SweetieJean]

Well, the difference is $1400, which is the amount of stimulus #3.  Apparently, the IRS thinks you didn't qualify for it, and now wants you to pay it back.

[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.

Try checking your online account with the IRS

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

Does the IRS show that you received a $1400 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 on line 30 of your tax return?

If the IRS says you got $1400 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.

[KudSue]

I finally found it.  It said I received a child tax credit as per letter 6419.  My youngest child is 36 and I never received letter 6419.  Once I got rid of that everything was ok.