Has your refund amount changed since you filed? Some of the reasons for changes are listed below.
For tax year 2020, the American Rescue Plan allows certain taxpayers to exclude up to $10,200 in unemployment income on the tax return. If you filed before the American Rescue Plan was enacted, the refund amount in your account may be different now. We have updated the program to adhere to the newly enacted legislation. Please visit our KB article "Understanding the federal and state 2021 unemployment exclusion" the for more information.
Recovery Rebate Credit
The IRS adjusted the return for the manual entries you made for the Recovery Rebate Credit. The IRS will reconcile filed returns with the first and second stimulus payments issued and the Recovery Rebate Credit claimed on your return before issuing refunds. If your entries do not match the IRS records, they will adjust the return and send you a notice. You can check the stimulus payment amounts the IRS issued to you on the IRS website.
Advance Premium Tax Credit Repayment
For tax year 2020, the IRS has suspended the requirement to repay the Advance Premium Tax Credit Repayment. We have updated the program with the new tax changes. Please visit our KB article "The Excess Premium Tax Credit and the American Rescue Plan" for more information about these changes.
Offset due to Past Due Obligation
The IRS has adjusted your refund amount due to an offset. The refund amount will be different on the IRS website but not in your account.
Filing Fees Deducted from Refund
If you elected to have the filing fees deducted from your refund rather than paying by debit or credit card, your refund amount will be reduced by the filing fees.
None of the above
If none of the reasons listed pertain to your return, we recommend you visit the IRS Where's My Refund tool for more information. Information will be provided there or in a letter mailed to the address on the return. Refer to our list or articles to assist you with your notice.