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@Lelela12 The $600 stimulus payment was for tax year 2020, not 2021.
For tax year 2021 -
If your refund is short $1,400 then that is because you said you did not receive the 3rd stimulus payment and the IRS has records that show you were sent the 3rd stimulus payment so they removed the $1,400 Recovery Rebate Credit that was entered on Form 1040 Line 30.
Go to this IRS website for your tax account to see if the 3rd stimulus payment is entered - https://www.irs.gov/payments/your-online-account
If you are Married Filing Jointly also check your spouse's tax account.
If you checked your bank account in the March - May 2021 timeframe and there is not a $1,400 EIP3 payment from the IRS then go to this IRS website for how to start a trace on the payment - https://www.irs.gov/newsroom/questions-and-answers-about-the-third-economic-impact-payment-topic-j-p...
I still don’t understand why I would owe $1400 unless they gave it to me twice. I worked all year 2021 and had taxes taken from my paycheck. Even if I did say I didn’t receive the $1400, I was only expecting $328 back, which was applied to a $1400 balance. Then this year when I filed 2022 I was expecting $998 back, which was applied to the balance. How can I owe $1400 back unless I received it twice? It doesn’t make sense. The website doesn’t give me any info as to why I have the balance and I waited on hold for 90 minutes to speak to an agent and when I finally got someone they disconnected me. Removing a $1400 credit shouldn’t mean I owe $1400. I’m literally paying back the one $1400 EIP I received.
No it is not taxed and you don't have to pay it back. What happened was that on your 2021 tax return you tried to claim it again but already got it so the IRS took it off your return. Check your 1040 line 30 for the Recovery Rebate Credit. Line 30 is only if you didn't get the full amount or qualify for more.
They are not taking it away from you. They just took it off your 1040 return line 30. It shouldn't have been there in the first place. So cross out line 30 and refigure the math without it,
But my expected refund for 2021 taxes when I filed last year was only $328, which they applied toward the $1400 balance. I don’t see where the $1400 works into that. Like if I said I didn’t receive the $1400, shouldn’t I have been expecting $1728 back when I filed? And then when they saw I did in fact receive the EIP give me only the $328? I just don’t understand how removing the credit when I didn’t receive the $1400 again makes sense. Again I am referring to 2021 when this all started. I have never owed money. I work a 9-5, taxes are taken, I have no additional untaxed income and I’ve always gotten money back from filing until this started in 2021.
And it’s not that my refund is short $1400, the IRS is forcing me to pay it back by taking my $328 from 2021 and my $998 from 2022 and demanding I pay another $182 (includes interest I’m guessing) at no point did me saying I didn’t receive it put ANY additional money in my pocket. Never in my life have I owed money to the IRS until last year.
You need to contact the IRS to find out why you are having to pay these taxes.
Call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday
When calling the IRS do NOT choose the first option re: "Refund", or it will send you to an automated phone line.
So after first choosing your language, then do NOT choose Option 1 (refund info). Choose option 2 for "personal income tax" instead.
Then press 1 for "form, tax history, or payment".
Then press 3 "for all other questions."
Then press 2 "for all other questions."
- When it asks you to enter your SSN or EIN to access your account information, don't enter anything.
- After it asks twice, you will get another menu.
Press 2 for personal or individual tax questions.
Then press 3 for all other inquiries
It should then transfer you to an agent.
Or you can contact your local IRS office. See this IRS website for local IRS offices - http://www.irs.gov/uac/Contact-Your-Local-IRS-Office-1 or call 1-844-545-5640 to set up an appointment
Or you may want to contact a Taxpayer Advocate in your area. See this IRS website for Taxpayer Advocate in your area and a toll free number - http://www.irs.gov/Advocate/Local-Taxpayer-Advocate
Thank you, I will try this. I know speaking to the IRS is the best way to know for sure why this is happening. It’s just that after calling them and spending 90 minutes on hold to be disconnected by an agent I was so frustrated that I just came back to this forum. I can’t be sure that these are the prompts that I chose when I called, but I will give it a shot.
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