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dbking
Returning Member

3rd Stimulus Error in Software

TurboTax software has a MAJOR flaw for 2021 tax return filing which I reported to them today 2/18/22.  The software adds your 3rd stimulus payment received back into your taxes due at 100% as if it was received as a TAX CREDIT you are required to PAY BACK in FULL!!!!

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1 Reply

3rd Stimulus Error in Software

What you may not realize is that as soon as you began to prepare your tax return, the software was giving you the $1400 and it was shown on that "refund monitor" -----but when you entered that you received it already, the software had to reconcile the payment you received,   You cannot get it twice---so it looked to you like you "lost" $1400.   You did not lose it---you just cannot receive it twice.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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