Posted on 05/17/2022 10:23:55 AM PDT by logi_cal869
When I filed my taxes (TurboTax), there was a page which - as with last year - asked a question as to whether I got my 'stimulus' check. I do not recall that there was any other option (yes or no).
I did not get a stimulus during the virus.
Last year it automatically credited my taxes. No notice from IRS.
This year it did the same (automatically credited my taxes on my answer to the question).
Recently I got a notice of tax due, reversing the credit.
Now I owe >$1400.00, plus interest & penalties.
Did anyone else NOT get 'stimulus' bucks and see a credit on their taxes?
Did anyone else get denied said credit for 2020 or 2021?
Beware IRS employees bearing gifts...
*
I have never heard of the stimmi crediting tax liability. The idea of the stimmi was immediate stimulus via spending. Not reduction of tax liability X months later.
I think the OP misunderstood something.
My son did not get a stimulus check, then got a $1400 credit when he filed. He was a part time employee at a big box retailer for most of the year.
They are freaking morons. They told me in 2020 i got a stimulus check for $479, which i never got. They then sent me a letter telling me they were sending me a replacement check for $479, which i never got.
They then sent me an overdue notice for the $479 stimulus payment which, wait for it now, i never got.
I was on the phone with them for more than two hours figuring out a problem they created. This year I charged then for 2 hours time at $375 per hour ($750) for tax prep for my time which they wasted.
After I filed my 2021 taxes (and paid the amount due) I received an IRS letter advising me that that I was supposed to receive a 2021 stimulus check...which I had not. Thus far I have not taken any action on it since I do not believe I was due a payment.
I’ve used Turbo Tax for 7+ years.
This year, they were wrong. My taxes said to look for a $4800 refund. I didn’t think that was correct. Well, the IRS sent me a refund amount that I was expecting with a note.
I think something happened with Turbo Tax. Too much dope smoking or purposeful mistakes.
I an an Enrolled Agent. I get this question a lot at work.
If the IRS removed the Recovery Rebate Credit (1040 page 2 line 30) from your 2021 return and you did not get the 3rd stimulus check, the only way to get it is to call IRS Payment Trace at 1-800-919-9835 or mail form 3911.
My son did not get a stimulus check, then got a $1400 credit when he filed. Later he got notification the IRS had amended his return canceling the $1400 credit, and left him with a very reduced return.
I am still awaiting their notification that my return has been received. I sent it in on Feb 7th. Have had no luck getting in personal contact with anyone down there in Austin.
My guess is the “staff” decided to not come to work for months or years due to CCP virus.
Sue Turbotax for the additional tax and penalties. They made the error.
Here here.
I used turbo tax. Cut and dry. Government kept 3300.
They just took it. Claimed it was somehow related to the 750 I took in child tax credits.
I got 2x child stimulus checks. $2,800. Turns out all it was, was fast forwarding my 2021 tax return to me. So I was getting my own money, which screwed up my tax return.
Let’s go, Brandon!
If this turns out to be Turbo Tax’s problem/error, there may be other folks in the same boat as you. IF that’s the case, this mess might qualify for a class action lawsuit.
I’m not a lawyer, but you might do some checking on this.
I filed a paper 1040 return this year like I do every year. I have nothing to claim, no dependents, take the standard deduction as a senior citizen. I just rechecked the copy of the 2021 - 1040 form I filled out and sent in, and there is nothing regarding the stimulus checks on it. I mailed both my State and Federal taxes directly from the post office on February 8th, 2022. It’s been 14 weeks, and the “Where’s My Refund?” site cannot give me any information on my return. I haven’t gotten anything from the IRS saying there was an error on my form, and there is no number you can call, or any live person you can talk to, to find out if my form was even received.
I had just posted a similar comment before seeing yours. I mailed my paper return on February 8th. There is no info available for it on Where's My Refund. At least I know I'm not the only one who's return is in Limbo.
I got both Covid checks. According to my CPA, they weren’t considered taxable income. It’s hard to understand, how you could be taxed on untaxable income.
ps
Even though my tax situation is very simple, I never trusted Turbo Tax.
Good luck getting it. Yes, they’re morons.
He took the credit on his taxes because he claimed he did not get the second stimmi check/deposit.
The treasury provides the IRS with a list of checks tied to their SS number. If the treasury says they paid it…good luck proving you didn’t get it.
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