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More Fed tax owed...
So my Federal return was accepted and processed in January. Last week I got a letter from the IRS saying that I had omitted reporting some federal stimulus $, but I had entered all the information correctly. Did Turbotax change an algorithm - or - did the Fed's change their stimulus payment tax status? It's almost a $1400 increase! Wouldn't the Turbotax software catch this?
Any suggestions or insight would be greatly appreciated!
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‎April 15, 2022
2:30 PM