Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Why are my clients receiving IRS notices that their "Recovery Rebate Credit" was miscalculated?

I entered the amounts that were received and the worksheet calculated that they should get a credit and then the IRS says they need to pay the credit back???
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Comment 1
Accountant-Man
Level 13

Your :"clients are receiving IRS notices that their "Recovery Rebate Credit" was miscalculated"

because the IRS says that the RRC was miscalculated.

I get calls or emails every day that the refunds were held up because the IRS changed the RRC calculations from the amounts THAT THE CLIENTS GAVE ME or THAT I CALCULATED USING ONLINE CALCULATORS.

 
 
 
** I'm still a champion... of the world! Even without The Lounge.
0 Cheers