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IRS Denied Economic Impact Payment on 2020 Return
My Daughter, and son-in-law, had a combined AGI of approximately $175k for 2020. They filed a joint return with one young child as dependent. TurboTax calculated the EIP adjustment for the excess over &175k, which I have since manually confirmed was correct. After electronically filing it took 3 1/2 months to receive a refund but they excluded the entire EIP. When checking online it shows a long list of possible reasons but none seemed to apply. Has anyone else experienced this. BTW, their 2019 income exceeded $200k so they didn't receive any direct Economic Impact payments. It is my understanding that they should re-qualify if their 2020 income was within the threshold, which it was. Any thoughts. Call the IRS? That sounds like a long day on hold!