EITC MISCALCULATED FOR 2019

Forum|Forum|2 years ago
March 29, 2024
11 replies
59 views

My EITC was miscalculated by $4,000. I received $1,000 although I should have received $5,000. I can longer file an amended tax return for 2019. Is there anyway I can sue TurboTax for is owed to me due to their technical error?

RobertB4444

Level 15

TurboTax has an accuracy guarantee. If you had a problem because of a TurboTax error then TurboTax will refund your money.

Here is where to apply for that.

In 2019 and 2020 there was a lot of confusion because of the government stimulus payments. If someone did not receive one in the mail or deposited into their bank account then they were supposed to add it to their tax return and they would receive it as part of their tax refund.

A lot of people made the mistake of adding it to their tax refund even though they had already received the stimulus payment and then the IRS removed the stimulus from their refund because they had already gotten it. $4000 sounds like that might be the case for you. You may want to have someone review your return and any letters that you have received from the IRS to try and determine if that is what happened to you.

@i-shavers17

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i-shavers17Author

Level 2

Thank you! But I'm confused by your answer, I never added the stimulus income to my return. TurboTax included my unemployment income to calculate my EITC, which means the EITC that I received was understated. I spoke with the Tax Audit Department and they informed me they will not correct TurboTax's mistake and that it's too late to file an amendment for 2019. Then, I contacted the IRS and the representative mentioned that I can file an amendment but can only complete one via paper, not online. TurboTax was clueless on how to help me. The Tax Audit Department at TurboTax could have informed me that all I had to do was file an amendment via paper. I'll not be using TurboTax again.

xmasbaby0

Level 15

@i-shavers17 It sounds like you misunderstood how EIC is calculated. You say you received unemployment compensation for 2019---as well as some income earned from working? But you want the EIC to be calculated only on the income earned from working and for the unemployment amount to be disregarded? It does not work that way. The unemployment was part of the AGI for your 2019 income, and was used in the calculation of the amount of EIC you could get for that tax year.

**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.**