I filed my taxes my refund amount was $6500 then was asked how much stimulus money i got so i entered it and it removed that amount from my refund is that right

[monasax]

i see you guys dont have anwser

[xmasbaby0]

You might have become confused by the flow of information in the software.   That "refund monitor" on your screen displays a "refund" amount that includes the stimulus money. as part of your 2020 refund.   But later when you enter the amount of stimulus you really received already, it removes the stimulus already given to you.   And it looks to you like you "lost" your refund,   But ---you do not get the same stimulus money twice--that is why it came out.

Look on line 30 of your Form 1040 for your recovery rebate amount.

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.

[CatinaT1]

Before you enter the amount of the stimulus payments at the screen Did you get a stimulus payment?, you have been given the full Rebate Recovery Credit (the equivalent of the two stimulus payments).   This can be found on line 30 of the 2020 Federal tax return.  At this point, this is an 'incomplete' Rebate Recovery Credit.

You can see this on the screen Great news! You qualify for the stimulus credit.  The amount is displayed in the center of the page.

After you enter stimulus payment 1 and stimulus payment 2, the credit is offset by the stimulus payments and the 'incomplete' Rebate Recovery Credit is reduced or eliminated.

See this TurboTax Help.

[superjanna]

For anyone who didn't receive a stimulus or only received a partial stimulus (due to not filing previous years, or because their income changed between 2019 and 2020, etc), they can "reconcile" their stimulus when they file 2020 taxes. Any additional stimulus they are owed will be paid to them along with their tax refund.

At the beginning when you listed your income, did you check "received a stimulus"? If you didn't/told turbotax "no", the turbotax system likely assumed you didn't get your stimulus, and as you progressed, it continued to include your owed stimulus in your refund total. But when you got to the end and basically said "actually yes I did get that $1200", the preview number went back to your refund-only total of $5300.

Some explanation/examples:  https://abc11.com/tax-return-refund-2021-taxes-stimulus-check/10330411/

Your stimulus was estimated based on 2019 income, but you could get more if your 2020 income was lower.  You won't need to "pay back" any of the stimulus even if your income went up. If you need this option, it will show up in your 1040, Line 30 listing the amount of stimulus you were owed but didn't get (and would get along with this refund).

From this turbotax blog post (https://turbotax.intuit.com/tax-tips/tax-relief/2020-stimulus-tax-relief-for-this-years-taxes/L4gtAi...:( "If your income was lower in 2020 than it was on your prior-year return, you could be eligible for a higher stimulus payment once you file your 2020 tax return. However, if your 2020 income was higher than what was used to determine your rebate amount, you won't be forced to pay back the stimulus money or lose any of your refund. Any adjustment to the stimulus payment on your 2020 tax return will be in your favor."

see also: 
https://blog.turbotax.intuit.com/tax-planning-2/does-my-stimulus-check-affect-my-taxes-48943/

https://blog.turbotax.intuit.com/tax-deductions-and-credits-2/what-is-a-recovery-rebate-tax-credit-4...