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Get your taxes done using TurboTax
To clarify,
Which return are you talking about?
Let's start with the original 1040.
You reported a 3,000 credit on your 1040 line 28 using TurboTax?
Did you not have to report what you received in advance payments?
If this is true, and you and your wife DID get 1500 in advance payments, you overstated the credit by 1500.
If this original return showed a refund of 1,644 and you overstated it by 1,500, then 144 is the true refund.
Sounds like the IRS corrected it and you're done.
The IRS will send you a letter explaining the correction.
You will have an option to appeal, buy why?
The 1,500 credit you didn't receive as a refund must have offset your tax liability.
In other words, without the credit you would have owed 1,356. The 1500 credit results in a 144 refund.
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