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New Member
posted Mar 29, 2021 7:37:30 AM

I received a tax product pe1 for 7.89 dollars when I have to receive 1,300 dollars why is that?

What happen?

0 4 516
4 Replies
Level 15
Mar 29, 2021 7:46:01 AM

The IRS will be sending you a letter about the adjustment and/or offset that they made. They do not notify TT, but they may have denied a $1,200 Recovery Rebate Credit that you claimed.

New Member
Mar 31, 2021 7:14:23 AM

My tax return should of been $5600 and if they didn't not accept $1200 that still owes me $4400. And I only recwive 8 dollars. And I don't have any offsets. 

New Member
Apr 1, 2021 11:08:45 PM

No

Level 15
Apr 2, 2021 4:43:16 AM

if you have a refund of $5,000 you should be able to pay TurboTax immediately without having some bank take it out for you.