mhr1
Level 3

TurboTax filings for two years each indicated a refund but IRS billing approximately $4500+?

2021 return indicated a $1056 refund but got a bill for $2,458


2020 return indicated a $2154 refund but got a bill for $2,149
What can I do?

IRS Changes related to "Recovery Rebate Credit" for both years:

We changed the amount claimed as >Recovery Rebate Credit< on your tax return.

The error was in one or more of the following:

1.The Social Security number of one or more individuals claimed as a qualifying dependent was missing or incomplete.
2.The last name of one or more individuals claimed as a qualifying dependent does not match our records.
3.One or more individuals claimed as a qualifying dependent exceeds the age limit.
4.Your adjusted gross income exceeds $150,000 if married filing jointly.
5.The amount was computed incorrectly.