I went through my bank statements for the year of 2021. January 4 2021 I received $1200.00 and on March 17 2021 I received $2800.00 from the IRS for the Economic Impact Payment. My understanding this is not taxed. On January 12 2022 I received a letter from the IRS with a statement that I had received $1400.00 from the American Rescue Plan for the year 2021. I also found on the IRS web page that this amount does not need to be reported. My 2021 Adjusted Gross Income for the year 2021 was $150,043.00 which is over the IRS allotted amount for a couple filing jointly.
I followed the instructions from Turbo Tax and answered all questions. So I am confused, please advise.
Thank you.
