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Bariley27
New Member

Do we have to pay back s1st and second round stimulus?

Stimulus deducted from refund
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5 Replies
MayaD
Expert Alumni

Do we have to pay back s1st and second round stimulus?

No, you don't have to pay the stimulus payments back.

When you prepare your tax return using TurboTax, the stimulus payments that you may be entitled to are already included in your refund. Once you enter in TurboTax the amount that you already received, your refund will then be reduced by that amount.

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Bariley27
New Member

Do we have to pay back s1st and second round stimulus?

Thank you for confirming that information unfortunately it does turn out that they took the $5100 back. And today they went through the process and they also deducted an additional $5100 out of my bank account. I am mended itBut I believe where I see where I made a mistake and I wanted to see if there was a way someone can assist me by correcting it. So that I can receive that missing them out for my taxes.

ThomasM125
Expert Alumni

Do we have to pay back s1st and second round stimulus?

If the IRS deducted money from your bank account, you must have had a tax due on your tax return when you filed it and gave them a bank account number and date when they could withdraw the money.

 

If your tax return was not completed properly, you will need to amend it to receive the money they took back. There is an option on your home page when you log into TurboTax to amend your tax return.

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Bariley27
New Member

Do we have to pay back s1st and second round stimulus?

No my taxes were done correctly I also went over the information with TurboTax worker as well. And they confirmed that it was done properly it was something that was supposed to be deposited not taken out.

AmyC
Expert Alumni

Do we have to pay back s1st and second round stimulus?

You can call the IRS about the payment taken to determine what triggered it. Start with the payments office, 800-316-6541.

 

 

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