After you file

@fishmilton - here is what is occuring, and there are a number of similar posts on these boards.

 

When you completed the tax return, you were entitled to the Recovery Rebate or the Stimulus - but not both.

 

The calculation is totally automated by TT, except for one input: TT asked you how much you received for the third stimulus, which most received between March - May, 2021.  It was also confirmed on Letter 6475 that the IRS sent to you.  But here is where I see most go wrong: if you filed "joint", there were TWO letters and the SUM of the two letters is what was to be entered into TT.  

 

  • How many people are listed on your tax return (you, spouse, children, others)
  • what is on Line 30 of Form 1040?
  • how much did you receive for the 3rd stimulus? (please check your bank statements or review Letter 6475 before repsonding to this question)

 

if you post the answer to those 3 questions, I suspect I can figure out what occured.