How do I determine the amount to pay for the CARES Act (section 2302) deferral? The amount I declared in Schedule 3 is different from the form I got from the IRS.
The amounts are "close" but the amount I put on schedule 3 line 12e was a nice round number, the amount the two IRS-suggested payments add up to is a little less. Also, TurboTax says it's supposed to be half this year
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1 Replies
Critter-3
Level 15
Dec 28, 2021 6:00:59 AM
Did you possibly have a small refund on your 2020 return that the IRS kept ? If so then the amount the IRS notice is correct so pay that amount.