@LenaH - what I heard yesterday from an tax specialist who has a close relationship with the IRS and Taxslayer, that the IRS is ONLY adjusting Line 30 in one direction:
if Line 30 is inflated (e.g. the stimulus payments entered were understated), the IRS is adjusting that,
HOWEVER
if Line 30 is deflated (e.g. the stimulus payments entered were overstated), the IRS is not doing anything and waiting on phone calls/ amendments....
the adjustment is not automatic is my point
that is consistent with their FAQ';
A1. If you didn't claim the credit on your original tax return, you will need to file an Amended U.S. Individual Income Tax Return, Form 1040-X. The IRS will not calculate the 2020 Recovery Rebate Credit for you if you did not enter any amount on your original tax return.
