Maybe this is helpful.
I received a similar CP11 from the IRS.
I spent time with a TurboTax CPA, we revisited the RRC worksheet and it was all in order...the phase out rule was properly applied, etc. I received neither the first nor the second stimulus payment.
I called the IRS using the number in the letter (moments after 7am eastern time), got cut off several times 🙂 but finally sorted it out. The CPA was exactly right.
Folks should know that the IRS figured the first payment (at least in my case) on 2018 AGI. I understand you are entitled to having it calculated on your 2020 AGI (they-IRS told me). Same thing on the second payment.
Now they want an additional $132 in penalties and interest. It seems to me they owe me interest for not getting the two EIPs into my hands.
I need to appeal that in a letter. Wish me luck...
