Why is our Stimulus Payments reducing - eliminating our 2020 tax refund and changing it to Tax Due??
We are filing Married Joint return and our 2019 AGI was $155,016 and our 2020 AGI was $148.231. We paid $12,500 in Federal Estimated Taxes in 2020 but with the 1st Stimulus Payments of $2,148 plus the 2nd Stimulus Payment $949 our refund was changed from $2,901Refund to $197 Tax Due. All the infos regarding the Stimulus Payment claim that it will not reduce any tax refund due and it is not reported as a taxable income. Thank you for any help or explanation.
