Xandi001
New Member

Recovery rebate credit 2021 taken back by IRS

Hello,

I also am having an issue with Turbotax stating I would receive a refund of $1807.00, however the IRS stating 
"We changed the amount claimed as Recovery Rebate Credit on your tax return" and now you owe $995.62.

 

Turbo tax asked did you receive a THIRD stimulus payment of $1400. per person (2800 joint). I answered NO as I only got two, not a third.

 

I saw on another post Turbo tax said you can't get both the $1400. per person paid in Feb/March AND the Recovery rebate credit. I'm confused as isn't that the third rebate you asked me about in which I said NO I didn't get it? Was this poor wording on your program's part? Should I have gotten three rebates or only two?

 

If I meet the criteria defined (less that $150k) should I be entitled to the third rebate credit or not?

 

At this point, I'm not sure if I was entitled to the third $2800. and I need to do a tracer or if you are saying no, you are only entitled to two?

 

How can I figure this out?

Thank you!