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
04621
4 Replies
KrisD15
Expert Alumni
Feb 27, 2021 2:23:30 PM
No.
It is my understanding that the stimulus portion will not be reduced.
AmeliesUncle
Level 15
Feb 27, 2021 7:11:20 PM
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
Feb 27, 2021 7:18:39 PM
according to the FAQ, if you have a refund of 2200, and Line 30 is $1800, then $400 can be taken for back taxes.