Thanks. This explanation makes sense. I was really miffed when my return was adjusted after acknowledging we did receive the stimulus funds. It would have been helpful if Turbo Tax was a little more explanatory prior to that point. It sure felt like I was being taxed when my refund amount was debited $1200 instantly! Turned my small return amount into a larger amount owed!! But this makes sense. The program itself was not as easy to understand as this explanation points out. But I can sleep a little better now! 🙂
