Deductions & credits

@HeadNorth - it's not only TT customers that got this wrong, there are reports of MILLIONS of adjustments that the IRS is making related to the Recovery Rebate CRedit. 

 

TT asked how much you received as documented on Letter 6475 that would have been received from the IRS.  I think many issues were created because there were TWO letters if you filed joint.  Half the money was on one letter that you rceived and the other half was on the letter the spouse received.  if you didn't add the two letters together THAT overstated Line 30.  the IRS has been catching these errors.  

 

Understand that TT guarnetees their software is correct, but it doesn't guarentee that you enter the accurate answer to the questions :(