I have filled my join tax return for 2018 and 2019 but I haven't received the full stimulus amount of the 1st EIP check. Just received $600. I need some help from turbox.

[nkumaryr-gmail-c]

I have dependent children's who are under 18 yrs of age and my spouse is not working.

[JotikaT2]

You will be able to claim the Recovery Rebate Credit if you meet the requirements.

The amount of the Rebate Recovery Credit is based upon your actual 2020 income tax return you file.  Therefore, if you meet the criteria for the credit, you will receive it when you prepare your 2020 income tax return.  The credit is intended to give those who should have received a stimulus payment but never did a tax credit on their tax returns.  Any excess credit is then refunded to you if there is an overpayment on your tax return.

Please see the attached link for more information on who can claim the credit.

Recovery Rebate Credit eligibility

When you prepare your 2020 income tax return, be sure to do the following to ensure the credit is calculated correctly on your income tax return.

In the Federal section, select the Federal Review interview section at the top of the screen.

This will take you to the input section for the Recovery Rebate credit.

Be sure to indicate the actual amount of each stimulus payment you received on the page that asks if you received a stimulus payment. 

There will be two boxes and both need to be completed.  

[xmasbaby0]

You can get the stimulus money you have not yet received for round #1 and round #2 by using the recovery rebate credit on your 2020 tax return..   but understand it is based on your 2020 eligibility and 2020 income -----not on 2018 or 2019.    You get stimulus checks for children who were under the age of 17 at the end of 2020.   if they were older than 16 at the end of 2020 you cannot get a check for them.   

The rules relax for the 3rd stimulus check and you can get a check for the children of whatever age that you can claim as dependents.

The stimulus check is an advance on a credit you can receive on your 2020 tax return.  If something went wrong or you did not get the stimulus check in 2020, you can get it when you file your 2020 return in early 2021

The Recovery Rebate Credit will be found in the FEDERAL REVIEW section. ( you should see "Let's make sure you got the right stimulus amount”)  If you are eligible it will end up on line 30 of your 2020 Form 1040.

Make sure that you enter ALL of the stimulus money received for the 1st and 2nd stimulus for yourself, your spouse and your children.

https://www.irs.gov/newsroom/economic-impact-payment-information-center-topic-j-reconciling-on-your-...

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

You can use the IRS Get My Payment site to see what is expected for your 3rd stimulus check:

https://www.irs.gov/coronavirus/get-my-payment

[nkumaryr-gmail-c]

Thanks a lot of this. 

[nkumaryr-gmail-c]

Thanks a lot of this.