I agree, there is a calculation error with the Recovery Rebate Credit. Unfortunately, I did not notice this until I got a letter from the IRS. The letter basically stated there was a miscalculation, but they fixed it for me. And, of course, reduced the refund amount to the correct value. I guess I was lucky that they didn't decide to audit me on this. But, they apparently knew about the TurboTax problem and just fixed it for me.
I went back into Turbotax and sure enough, it thinks that my combined adjusted gross income was $10,996...and that is not even close to what it really is.
And to make things worse, the Tax Summary even shows the wrong adjusted gross income value.
So, what the heck happened. TurboTax is all messed up, and now I cannot trust it anymore.
Looks like I will be using a different Tax software starting next year.
