Get this: I filed my 2019 taxes on 2/15/20. My return was accepted on 2/17/20. I was *supposed* to have my refund by 3/9/20 (efile and direct deposit). I've been waiting for 5+ months to receive my return. Today, I got a letter from the IRS that essentially said, "you're not getting a payment, you owe us." WTAF? And, to add insult to injury, they're charging me $4 in interest from 7/15/20-8/17/20! How can I pay something I don't know I owe, and how can they charge me interest for it? Also, their letter is vague in its explanation of why I now owe taxes instead of getting a refund. Apparently, it has something to do with the premium tax credit.
Trust me, I will be analyzing this, and getting in touch with TurboTax. How can the software be that far off? Receiving $4500 vs. paying $1400?? It just doesn't make sense.
I've used TT for a number of years without issue, but between this and the IRS doing whatever it is they're doing, I'm fed up!
