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Level 4
October 14, 2021
Question

Will the taxpayer be refunded the correct stimulus amount if it is not requested on the 2020 filing under the Recovery Rebate reconciliation?

  • October 14, 2021
  • 2 replies
  • 15 views
The client doesn't know if he received the amounts he should have.  Thanks so much for your help!!
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2 replies

George4Tacks
Level 15
October 14, 2021

Based on my experience this year, I would indicate that the client did receive all of the EIP1 and EIP2 and IRS will correct the return and send what is due to them. I had several clients SWEAR that they did not receive the full amount and all of them got lovely letters and all of them were wrong. I experienced IRS doing a good job. (I know, hard to believe - but true.)

Answers are easy. Questions are hard!
qbteachmt
Level 15
October 14, 2021

Have your client make their Online account with the IRS; now they can use it to get their Tax Account Transcript, which includes all of the EIP (stimulus advances) for them to provide to you.

Hold them responsible.

Don't yell at us; we're volunteers
qbteachmt
Level 15
October 14, 2021
Don't yell at us; we're volunteers