As I have done for the past 10 years, I used TurboTax to file my taxes for 2020. At the end of January 2021, TurboTax had calculated a refund of $3146 from the IRS. I happily filed my taxes and was notified that the IRS had accepted them on Feb 12, 2021. On March 17, 2021, I received my Federal refund - of only $!946! Today, March 19, 2021, I received a letter from the IRS explaining the reduction of my refund. I pulled up the tax file I had created in TurboTax to see where I had made a mistake. I found that by going through the Recovery Rebate section, the software RECALCULATED my refund to $1946. I am not happy with TurboTax, and I won't be using it next year.
