My clients file a joint return, agi !44416 in 2020. they received 2 stim pyments of 1200 each and 600 each.
Return was prepared with PS basic reflecting a recovery rebate credit of 1800. IRS is disallowing this using Form CP11. Is there any reason that you're aware of why?
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IRS may believe that there's a miscalculation on that return... Double check the return and double check the amounts of the economic impact payment calculation...just my opinion...
My guess is that you said that they received $1,200 TOTAL and $600 TOTAL instead of EACH. That would have created a rebate credit of $1,800 which is WRONG.
The software bases it's computation on your input.
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