@bmorr75 @kdrisdale - I have seen numerous posts today that are similar - joint return with children and half the money missing..... we don't know how the IRS figures these things out,
suggestions:
1) the IRS is required to STOP sending out payments on January 15
2) the IRS won't accept returns any earlier than Jan 27 in any event.
3) wait until AT LEAST Jan 27 to file. By that time the mail will clear of any checks that were mailed.
If still no payment, not to worry, as the 2020 tax return will reconcile the missing money. Simply post what you ACTUALLY received in the Federal Review Section and then look on Line 30 of Form 1040 - the missing money should be listed there. It will increase your refund (or reduce what you owe)
But the worst thing to do is rush and file prior to Jan 27 - Murphy's Law states that if you do that, the check will arrive the next day and you risk your tax return being rejected (because you got the check and stated on the return you didn't!) Patient will be a virtue this tax season! 😊
post back is questions!
