I owe back federal taxes, but I claimed my Recover...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
mcglynnfamilytax
New Member

I owe back federal taxes, but I claimed my Recovery Rebate Credit for both stimulus checks when I filed this yrs taxes for my 3 dependents, will the irs take my $ ? Or no

On the irs site that u can check ur refund status, it says my refund might be taken for back taxes .. but I’m guessing that a standard system notification - and I was under the assumption that the RRC wouldn’t go to past federal tax debt owed
4 Replies
KrisD15
Employee Tax Expert

I owe back federal taxes, but I claimed my Recovery Rebate Credit for both stimulus checks when I filed this yrs taxes for my 3 dependents, will the irs take my $ ? Or no

No.

It is my understanding that the stimulus portion will not be reduced. 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
AmeliesUncle
Level 11

I owe back federal taxes, but I claimed my Recovery Rebate Credit for both stimulus checks when I filed this yrs taxes for my 3 dependents, will the irs take my $ ? Or no

Yes, the IRS is able to take it. 

 

Although they were not allowed to take the Advance credit (EIP), they ARE allowed to take it if you claim the Recovery Rebate on your tax return.

fanfare
Level 15

I owe back federal taxes, but I claimed my Recovery Rebate Credit for both stimulus checks when I filed this yrs taxes for my 3 dependents, will the irs take my $ ? Or no

according to the FAQ, if you have a refund of 2200, and Line 30 is $1800, then $400 can be taken for back taxes.

 

If you have no refund, then you get nothing.

AmeliesUncle
Level 11

I owe back federal taxes, but I claimed my Recovery Rebate Credit for both stimulus checks when I filed this yrs taxes for my 3 dependents, will the irs take my $ ? Or no

Fanfare, what FAQ says that?

 

Dynamic AdsDynamic Ads
v
Privacy Settings