My wife and I got IRS letter 6475 in FEB 2022 stating each of us were getting $1,400 (a total of $2,800). In March 2022 we did receive this 3rd stimulus, but it was only $2,270 sent from the IRS. When I did my 2021 taxes, it showed a recovery credit amount of $362, less than the $2,800 - $2,270 which would have been a credit of $530. Assuming this $530 maximum vs $362 phase-out was due to the calculation of the phase-out with our AGI at $150,594, but well below the $160,000. Now the IRS wants the $362 back plus interest. I do not understand why the IRS wants this amount if the phase-out shows a credit in Turbo Tax via the IRS recovery worksheet.
