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After you file
@Chalenger7 @Dfloresjr3 If you will not owe money when the IRS finishes adjusting your return, do not pay. The IRS only charges interest and penalties on amount due, not if you have a refund. The $1597+$203 = $1800 which would be the stimulus. If you already received it, then you would owe the $203 until they adjust for unemployment this summer.
The IRS is having a tough time in processing and hard to contact, see this. Each return must be cross checked for the normal and now with the new laws:
- stimulus- is it correct, pay missing amounts, do they need to be added for the new stimulus
- unemployment - is it on there, was it filed with the $10,200 subtraction, does it need to be adjusted
- premium tax credit - is it on there, is there an amount due, adjust the return
- EIC - is it on, were they banned, is there a record of release to claim?
- Child credit -anybody else claim, how old are kids, what is allowed
- Typos, offsets, and so on for still more, it is a long process this year to check each return for so many things.
- If there is a problem, you will get a letter explaining the issue.
The IRS is also processing returns mailed in last year and handling the current stimulus. They have scheduled this summer to adjust unemployment on returns.
The more items on your return, the more complicated the processing. Some people are getting their refund in two parts.
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