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Business & farm
Apologies for the confusion. TurboTax listed on line 30 the difference between what we "should" have received ($4,500) and what we did receive ($995.35). So the amount listed on line 30 should have been the total credit amount and transferred to the bottom line. However, the IRS deducted the $995.35 (again) from the refund amount on our return - from which that amount had already been deducted. So, essentially, the amount we received in March 2021 was deducted twice. I'm wondering if there's any way to fix that and recoup the nearly one thousand dollars. Hope that clarifies. Thanks!
‎February 28, 2022
12:15 PM