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Deductions & credits
IRS is reporting the EIP1 value on my IRS online account, under Tax Records section (Economic Impact Payment Information).
I'm pointing that out as some are blaming the users for entering an incorrect amount, which is not the issue in my case. I did not receive a EIP2 check.
Since my first post today, I visited the IRS site and reviewed the IRS Form, https://www.irs.gov/pub/irs-prior/i1040gi--2020.pdf, page 59. "Recovery Rebate Credit Worksheet—Line 30"
I followed the steps on that page and my recover rebate credit matches the one calculated by turbo tax.
So why does the IRS believe I do not deserve this credit?
March 8, 2022
5:18 PM