I fused Turb Tax answering the ?'s they asked , IRS has chged file refund to me owning 2x as much as Turbo calc. Anyone have this happen and why was it calculated wrg?

[kncpetlover]

IRS says recovery credit changed. Turbo tax figured mine so how do I fix it and why is it wrong

[JamesG1]

The IRS changed your refund and the change was in the Recovery Rebate Credit reported on line 30 of the Federal 1040 tax return.

How many individuals are listed on your tax return?  Did they all qualify for the third stimulus check of $1,400?

How much in stimulus payments did you report as received at the screen Let’s double-check the amount you received?

Did you report the amount of stimulus reported on Letter 6475 Third Economic Impact Payment Reconciliation mailed January 2022?

Or did you report something else?  Please clarify.

[kncpetlover]

There are only two of us on the tax return. 

Received EIP 1-- $2800  The  EIP 2--$ 1200. This was the combined direct deposit we received.  We have received anything since 3/17/22. I was able to go to the IRS site and it said my 3 pmt should be 1400.00. I have not been able to verify what my husbands should be. but I assume since all the others were the same as mine this one should be too. I have not been able to get back into the turbo tax file to view my imputed info. It has just only shows me I'm due a refund. Everything I have looked at on the return seems to be correct. I am still waiting for the letter that the IRS said they mailed. I am definitely at a loss right now. Thanks for any help you can give.

[Critter-3]

If you & your spouse each got the $1400 stimulus payment then the amount you should have entered in the program was $2800 combined.  So look at the form 1040 line 30 ... if there is an amount other than zero then you made a data entry error and the IRS is correcting it ... you cannot get the credit on the return and the advance payment. 

Log in and scroll down to get a PDF of the filed return. 

[VolvoGirl]

The first EIP 1 was 1200+1200 or 2,400.  What did you get on 3/17 /2022?  That might have been the 3rd one.  

The 3rd Stimulus payment is 1,400 per person so you should have got 2,800 that started going out in March 2021.  Check your bank statements for it.   Yes you should each get a letter 6475 saying what you got 1,400 for each person.   You can check both your IRS accounts and see if they sent it.  

https://www.irs.gov/payments/your-online-account

If you didn't get the 3rdc payment and the IRS shows they sent it then Request a trace for a missing third Stimulus payment
https://www.irs.gov/newsroom/questions-and-answers-about-the-third-economic-impact-payment-topic-j-p...

If you have the 2 ,800 on your return line 30 and the IRS sent it to you they will take it off and adjust your refund. or send you a bill.