Skip to main content
Level 1
March 7, 2022
Question

Error on 2020 tax form, import to 2021

  • March 7, 2022
  • 1 reply
  • 0 views

I made an error on my TurboTax 2020 tax form on the EIP1. After many months the IRS caught the mistake and reduced my tax refund by $68. How do I account for this in my 2021 tax return? When I import the 2020 tax form, it has the wrong refund amount. I did not need to amend my form in 2020 since the IRS changed my refund.

    1 reply

    DoninGA
    Level 15
    Level 15
    March 7, 2022

    A federal tax refund is not entered on a federal tax return so there is no need to change your 2020 tax return.