Thanks. I understand that part.
Perhaps I'm not being clear. Prior, to answering that question $4200 "does this match the amount on letter 6475?" The owed tax was X.
After answering, yes I received $4200. The owed tax went up to, X+$4200.
My questions is why did it go up by exactly the amount of the 3rd stimulus we received.
From what I've read and what Turbo Tax says, the amount of $4200 is not taxable, nor does it have to be paid back.
Is the 3rd stimulus an advance tax credit?
