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tmarkarian260
New Member

Turbotax and IRS differ on line 32 by ($567) AGI and Taxes and payments are identical. Why did Turbotax calculate the wrong stimulus vs the IRS?

On 9/25, ran an amended return within TT software, and came up with a 3rd amount for line 32.
2 Replies
Critter-3
Level 15

Turbotax and IRS differ on line 32 by ($567) AGI and Taxes and payments are identical. Why did Turbotax calculate the wrong stimulus vs the IRS?

The TT program computes the credit on line 30 using the information you entered into the program for the amount of advance stimulus payments you already received.  

 

The IRS cross checks every Form 1040 with an amount on line 30 for the recovery rebate credit.   If the IRS thinks you already got the EIP payment, you cannot get it again as a tax refund.   If you claimed a recovery rebate credit for a payment already sent to you, they recalculated your refund.

 

 

Check your IRS account and see if the IRS sent your EIP payment.   If they did, and you really did not receive it then they can trace it.

 

https://www.irs.gov/payments/view-your-tax-account

 

If you were issued a payment and have not received it, see How do I request a payment trace to track my first or second Economic Impact Payments? 

tmarkarian260
New Member

Turbotax and IRS differ on line 32 by ($567) AGI and Taxes and payments are identical. Why did Turbotax calculate the wrong stimulus vs the IRS?

Sorry your response isn’t my question.  That is a calculated dollar amount input by the software for line 30.  It states that in your online help.   The IRS stares my AGI is too high, $179,900, for a stimulus.   It is the SAME amount listed in my turbo tax return.  
So based on my AGI, why did turbo tax calculate I should get a stimulus of $908 but IRS said showed zero based on the same dollar amounts?

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