Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
amartino11
Level 1

refund cp21B notice

Received a 1906.64 refund check 

and a CP21B notice stating the refund due is $1887  decrease in tax

what is the 19.64 difference?  What amount should I report?

 

unemployment compensation

1 Best answer

Accepted Solutions
KrenaS
Employee Tax Expert

refund cp21B notice

If you were expecting a refund of $1,887 for the unemployment exclusion, the additional $19.64 is likely due to interest that the IRS is paying you.  At the bottom of the check received from the United States Treasury, there should be a notation with the amount of interest, then INT, then the numbers of days of calculated interest.  For 2021 you will receive a 1099-INT for the interest you received and you will need to claim that as interest income on your 2021 tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

2 Replies
KrenaS
Employee Tax Expert

refund cp21B notice

If you were expecting a refund of $1,887 for the unemployment exclusion, the additional $19.64 is likely due to interest that the IRS is paying you.  At the bottom of the check received from the United States Treasury, there should be a notation with the amount of interest, then INT, then the numbers of days of calculated interest.  For 2021 you will receive a 1099-INT for the interest you received and you will need to claim that as interest income on your 2021 tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

amartino11
Level 1

refund cp21B notice

Thank you,

 

That answers my inquiry.   

Dynamic AdsDynamic Ads
Privacy Settings
v