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

Forum|Forum|5 years ago
April 8, 2021
1 reply
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Stimulus deducted from refund

TurboTax Deluxe Online

MayaD

Alumni - Intuit

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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Bariley27Author

Level 2

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

Level 15

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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