@robertsmeaton wrote:
The IRS changed lines 30, 32, 34, 35 and 37 of my form 1040-SR. They did not tell me why other than they found a miscalculation. By the way; TURBOTAX guaranties that my tax return is error free.
Line 30 on the Form 1040 is the Recovery Rebate Credit. This is the amount of the stimulus payments 1 and 2 that you indicated using the TurboTax software that you did NOT receive.
Apparently the IRS has information in their database indicating you did receive either all or a portion of the Credit claimed on Line 30. Changing the amount on Line 30 affects all the other lines you mentioned in your post.
Go to this IRS website for your Tax Account to see the stimulus payments made to you - https://www.irs.gov/payments/view-your-tax-account
If you did not receive these payments go to this IRS website for how to start a trace on the payments - https://www.irs.gov/coronavirus/second-eip-faqs
How do I request a payment trace to track my first or second Economic Impact Payments? (updated Marc...
TurboTax guarantees that all calculations based on the data entered by the user of the software are 100% Accurate.
See this TurboTax support FAQ for the 100% Accurate Calculation Guarantee - https://ttlc.intuit.com/community/charges-and-fees/help/what-is-the-turbotax-100-accurate-calculatio...
