I got a letter that my tax refund is zero!

[souliachrist]

My estimated tax return was a little over $1200 according to TurboTax however I just got a letter from the IRS saying my refund is 0. All the reasons they listed were not true. Please help

Chrisitna Soulia

[Bsch4477]

The letter will include how you can disagree with the iRS decision. In the meantime pay the tax bill to avoid accruing interest. 

[mesquitebean]

We have no way of knowing why the IRS lowered your refund, but commonly this year are issues with the Child Tax Credit, Earned Income Credit, or third stimulus payment (EIP3), etc. 

If you want to speak to someone at TurboTax to see if they can figure out what the IRS questioned and changed on your return, the TurboTax free Audit Support Center can help you with understanding an IRS Letter and how to reply.

To get the phone number of the free TurboTax Audit Support Center, go to the link below, click the blue "Get Help" button, and follow the prompts.

https://support.turbotax.intuit.com/irs-notice/audit-support/

[VolvoGirl]

Did the letter give you like 5 reasons saying they changed your return for the Recovery Rebate Credit?  Those are just generic reasons why they adjusted the Recovery Rebate Credit on your return. A common adjustment is if you claimed the Recovery Rebate Credit on 1040 line 30 when you already got the 3rd Stimulus payment or reported the wrong amounts. Do you have an amount on line 30? The IRS knows they already sent it to you. Line 30 is only if you didn't get the full amount or qualify for more.

 Check 1040 line 30. A common reason this year is if you tried to claim the Recovery Rebate Credit (for the 3rd Stimulus 1,400 per person) when the IRS already sent it to you. Line 30 is only if you didn't get the full amount or qualify for more. Not the amount you already got.

They sent the 3rd Stimulus payment (1400 per person) starting in March 2021. Double check your bank statements and check your IRS account (both accounts if married) to see what they sent you.
https://www.irs.gov/payments/your-online-account