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TurboTax says I get a $528 refund but just received letter from IRS saying I owe $1050
I submitted my taxes back in April 2021 using TurboTax-2020 and initially it said I owed about $1,000 for taxes on my unemployment benefits.
A few weeks afterwards, I learned the Biden administration had waived unemployment taxes and so I logged back into TurboTax to double check, which said I would get a $528 refund. So I cancelled my IRS payment.
However, now in June I receive a letter saying I owe $1,050 (including $5 interest) and TurboTax still says I get a $528 refund.
What gives??
‎July 10, 2021
1:18 PM