Tax & Current Accounting Topics

IRS letters explain why some 2020 Recovery Rebate Credits are different than expected


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IRS letters explain why some 2020 Recovery Rebate Credits are different than expected

 https://www.irs.gov/newsroom/irs-lett

https://accountinginstruction.info/

​WASHINGTON − As people across the country file their 2020 tax returns, some are claiming the 2020 Recovery Rebate Credit (RRC). The IRS is mailing letters to some taxpayers who claimed the 2020 credit and may be getting a different amount than they expected.

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Tax & Current Accounting TopicsBy Robert (Bob) Steele