dhuizer
New Member

After you file

Hi,

 

I received the same notice. So, the IRS was sending a monthly amount directly in your bank account. I never received a statement from IRS. My deposits started in July and ended in December.

 

If for example Turbo tax stated that the IRS owes you $10,000, however you only received $7,000, that means that the IRS did deposit $500.00 in your bank account. ($500 x 6 months = $3,000). I had to check my bank statements. Search for IRS deposit from January 2021 - December 2021 add the total deposit and subtract that amount from the amount in Turbo tax.  Turbo tax will obviously have the wrong numbers on form 8812/1040. Hope this information helps.