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Apparent calculation error around Recover Rebate Credit
I followed your instructions to enter the stimulus payments that I received. Once I did, my refund went up substantially, presumably because that portion of my income wasn't taxable. However, the IRS says that TurboTax made a calculation error on the Recovery Rebate Credit and only gave me what showed prior to my entering the stimulus amounts.
- We didn't make over the allowed amount
- Social Security numbers are correct
- Last names are fine
- No overage dependents
That just leaves "amount was computed incorrectly.
I didn't do any computing and didn't enter anything in addition to what TT asked for. Can anyone explain why this happened?
May 23, 2021
6:38 PM