@Pam522 wrote:
Ok. So it says we owe about $3,000 but when we put in that we received the $4,200 then the amount we owe jumps up to $7,200. Is the $7,200 what we really owe then?
Yes, that would be correct since the Recovery Rebate Credit of $4,200 was removed when you reported already receiving the $4,200 thereby showing your actual taxes owed of $7,200.
Look at your tax return and you will see how the income and taxes were calculated.
Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.
