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Eric35233
New Member

If I had to pay 607.00 to federal but Turbo tax shows me receiving a return. does that help me with this years taxes? showing I had to pay instead of receiving a return?

the letter I received from the IRS states Recovery Rebate credit. IS that the stimulus we received?
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2 Replies

If I had to pay 607.00 to federal but Turbo tax shows me receiving a return. does that help me with this years taxes? showing I had to pay instead of receiving a return?

Did you report that you did not receive the 3rd stimulus payment and the IRS removed that amount from your tax return? If so, the IRS has records which show that the 3rd stimulus payment was sent to you.


The Recovery Rebate Credit would have been entered on your 2021 Form 1040 Line 30.

 

Go to this IRS website for your tax account to see if the 3rd stimulus payment is entered - https://www.irs.gov/payments/your-online-account
If you are Married Filing Jointly also check your spouse's tax account.

ThomasM125
Employee Tax Expert

If I had to pay 607.00 to federal but Turbo tax shows me receiving a return. does that help me with this years taxes? showing I had to pay instead of receiving a return?

The recovery rebate credit is the stimulus check that you recieve from filing a tax return. I think you mean that you owed taxes on your federal return but the IRS sent you a letter saying they adjusted it because of the stimulus check owed to you? Could you clarify that for us please?

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