About xmasbaby0

xmasbaby0

Income received in 2021 will go on a 2021 tax return. The law that waived federal tax for the first $10,200 of unemployment was only for unemployment received in 2020. It will take another act of Congress to change that to unemployment received in 2021---so wait to see if Congress changes the law.

xmasbaby0

You will not get it now. The IRS previously said there would be a portal to enter information for a child born in 2021 so that you could get the advance monthly child tax credit payments this year, but they have never opened that portal up. You can get the CTC on your 2021 tax return when you file it in 2022.

xmasbaby0

Lots of people received those IRS letters that listed generic possible reasons for a difference in their refund amounts. Are you complaining that your refund was MORE than you expected? Or was it less? https://finance.yahoo.com/news/got-irs-math-error-letter-152411992.html?fr=sycsrp_catchall TurboTax has no way to know whether you received the 1st and/or 2nd EIP payments. When you prepared your tax return you were asked in the Federal Review section if you had received those payments. If you said you did not receive the payment(s) then the stimulus payment was put on line 30 of your tax return as a recovery rebate credit. The IRS cross checks every return with an amount on line 30. If the IRS sees that they already issued the EIP payment(s) to you then they adjust your refund or you even end up with tax due. Check your IRS account---does the IRS say they sent you a payment that you did not receive? (If you filed a joint return you need to check for both spouses.) If so you can ask for a trace to be put on the payment. 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?

xmasbaby0

You say that you did not receive your unemployment checks until 2021. Did your state issue a 1099G showing that you received the unemployment in 2020? Did you enter the unemployment on your 2020 tax return as if you had received the unemployment?

xmasbaby0

https://ttlc.intuit.com/community/dependents/help/when-do-i-have-to-answer-yes-to-being-claimed-as-a-dependent/00/1994319

xmasbaby0

CAN I USE TURBOTAX TO AMEND IF THE RETURN WAS PREPARED SOMEWHERE ELSE? If you did not use TurboTax to prepare your tax return, it is possible to amend the return using TurboTax but it will really be a pain. It would be better to use the software or service used to file originally. If a paid preparer made a mistake on your tax return, that tax preparer should do the amended return for you at no charge. In order to use TurboTax to amend your return, you need to purchase the desktop software for the tax year and re-create the return EXACTLY as it appeared when it was filed with the IRS/states. Every line has to be the same. Then you have to "trick" the software into thinking you filed by saying you will mail the return. (but do not mail it) AFTER that, you use the software to prepare a Form 1040X, which has to be printed, signed and mailed to the IRS. It takes the IRS about 3-4 months to process an amended return

xmasbaby0

@Nicole5050 MAILED RETURNS Per the IRS: COVID-19 Mail Processing Delays It’s taking us longer to process mailed documents including: Paper tax returns, and All tax return related correspondence. We are processing all mail in the order we received it. Do not file a second tax return or call the IRS. It can take 3-4 weeks (or a LOT longer since the IRS is severely backlogged) for anything to show up on the IRS site when you mail a tax return. Expect at least several months for complete processing of a mailed return and probably MUCH longer. If you mail a tax return (or a payment) to the IRS, it is a good idea to use a mailing service that will track it like UPS or certified mail so you will know it was received. When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. TurboTax will not know anything about your mailed return, and will continue to show “Ready to Mail” on your account. TurboTax will not know that you put your tax return in an envelope and took it to a mailbox. TurboTax does not get updates on mailed (or e-filed) returns. When the IRS opens its mail and begins to process mailed returns you can check the status on the IRS site. https://www.irs.gov/refunds State returns have to be mailed to the state. https://ttlc.intuit.com/questions/1899433-how-do-i-track-my-state-refund If you are wondering if you should send your return again——the IRS does not want you to file a second time. Putting two tax returns into the system at the same time can lead to confusion and even more delays. If you did not use tracking and do not know if the return was received—-you have to make your own judgment call and decide if you want to risk further delay by sending the return again.

xmasbaby0

We cannot see your tax return. It sounds like you claimed the recovery rebate credit for the 1st and 2nd EIP payments when you filed your 2020 return. Both you and your spouse should be able to receive the 3rd EIP payment. Whether the IRS will issue that payment this late in 2021 we cannot say. But if they do not issue it, you can still get that 3rd stimulus amount on a 2021 tax return when you file it in 2022. You can use the IRS Get My Payment site to see what is expected for your 3rd stimulus check: https://www.irs.gov/coronavirus/get-my-payment https://www.irs.gov/coronavirus/get-my-payment-frequently-asked-questions

xmasbaby0

@DLL58 Contact support for help in finding your tax file. To call TurboTax customer support https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number Customer support is available from 5 a.m. to 5 p.m. Pacific time Monday-Friday. https://ttlc.intuit.com/questions/1901659-find-your-tax-data-file-in-mac https://ttlc.intuit.com/questions/1900721-find-your-tax-data-file-tax-file-in-windows

xmasbaby0

Oh---and as for earned income credit----your parents could possibly be qualifying relatives that you could claim as dependents, but only qualifying CHILDREN can be used as dependents to get earned income credit. That is why you cannot get EIC for claiming your parents. https://ttlc.intuit.com/questions/1899157-what-are-the-qualifications-for-the-earned-income-credit-eic-or-eitc https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant

Date Registered	‎March 28, 2019 10:54 AM
Date Last Visited	an hour ago
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