You can cash the check. The IRS has published they will review and catch those errors and notify you of any corrections. See questions G2 and G3 here.
TurboTax is sending emails to people in this situation.
You can get your return back and make the changes to have the correct amount.
Here are the Steps to Get Your Return Back and Remove Recovery Credit
In the above directions click the link that says here
Hi! this happened to me as well but I have not received that email. Would you be able to help me?
Thank you!
I believe you have to sign up at that link by the 6th then they send you an email to fix your return on the 8th
I tried, but when I click on the link it says access denied 🤔
https://support.turbotax.intuit.com/forms/containment.jsp?fid=jason%7C18184%7C
Yeah it says that for me too now. Try this link I grabbed it from my history it's what the article directed me to.
Here is the link to sign up for the email to fix your return if you received a stimulus payment after reporting that you did not receive a stimulus payment.
The Recovery Rebate Credit is the way people who were eligible for a stimulus payment, but did not receive one or received less than the amount they were due, claim their stimulus payment.
We know how important these funds are and don’t want you to have any further delay in receiving your stimulus payment. Since the IRS has not opened yet, we would like to give you the opportunity to review and update the Recovery Rebate Credit portion of your 2020 tax return before they open on February 12th.
If you want to review and update your 2020 return, please enter your information here by February 6, to have your 2020 tax return sent back to you. You will then receive an email from TurboTax on February 8, letting you know that your return is available and providing you with detailed instructions on how to review, update and re-file your tax return.
If you do not need to review your 2020 return, then you're all set. No further action is required. We will securely hold your tax return and send it to the IRS when they begin accepting e-filed returns.
Hi, just checking in. Have you got the email yet? I haven’t.
I would suggest sending it back to the IRS with note explaining that you reported the missing payment in Turbo tax and expect a credit.
Please review this IRS link and read the section entitled When returning a paper check that was not cashed or deposited taxpayers should: In that section is an IRS link that will tell you the nearest IRS location to mail the check back to.
I replied to the email and never received anything from turbo tax.
I also filled out the form and have yet to hear back from TurboTax so I ca fix my Credit Recovery Rebate Info!
Hoping that they got swamped and promising to contact everyone today was too ambitious? I am sure a ton of people are in this position.
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If you've received an email stating, "We received your request to review and update your 2020 tax return. Unfortunately, your tax return is not eligible to be released prior to transmission to the IRS.," it means that the return is waiting in a repository to be transmitted to the IRS. It's not possible to stop the transmission and retrieve it to make changes, unfortunately.
It's as if the return were dropped into a mailbox and already on the way to the Post Office.
The IRS will begin processing returns on February 12 on a first-come-first-serve basis. To make any changes, you'll have to wait until your return is either accepted or rejected before you can make any changes.
Here is a TurboTax FAQ that explains the process of amending.
If all you need to handle is the stimulus, you can send any extra portion back to the IRS if needed. If their records indicate that there's a Recovery Rebate Credit claimed in error, they will let you know.
I filled out a form and was told I would get an email on February 8th and didn't. Still haven't. I wouldn't call this solved!
I know what to do if my return gets rejected and appreciate that information, but do not understand why Turbo Tax didn't follow up, even just to say they are working on it. If they'd followed through I could have deposited the check.
This happened to me and I panicked! I received no email from Turbo Tax about this at all. I changed bank accounts and according to the IRS website they were not going to send checks out to people who had closed accounts and to just claim it on their taxes. Which I did. 2 days after I filed I got a check in the mail. Which panicked me because I did what the IRS said to do and now it looks like I'm scamming them by getting a check AND claiming it on my taxes. So I called the IRS and after a long time and several disconnected calls I finally got through. What they told me to do is write VOID in the endorsement part of the check and write a note explaining what happened. (claimed it on taxes before I got the check because that's what the IRS said to do). The agent asked for my state and based on what state I live in she gave the address of the IRS office I needed to sent it to. I wasn't told to but I sent it certified mail just to have a record that they got the check. I asked if I would still get the stimulus money through the refund and she said yes because they would see that the check was not cashed. So far my tax return was received and 7 days later is still processing. I'm still worried that it may look like I did something wrong because I had a check and claimed the money. I've done everything the IRS said to do so hopefully it all works out.
I called the IRS because this happened to me-money went to a closed bank account so I claimed it on my taxes since the IRS said they weren't able to reissue the money through a check. 2 days after I filed I got a check in the mail. I called the IRS and they told me to write VOID on the check, write a quick note explaining what happened and told me which IRS office to send it to based on my state.
Hello, this happened to me as well. I received & cashed my check a week after claiming it on my taxes. I assumed that they would deduct it from my return. What steps should I be taking now? I’m not able to get through on the IRS line.
If:
The IRS says that it will issue 9 out of 10 refunds to taxpayers in less than 21 days. However, we will see what approach the IRS takes in your situation.
I suspect that the IRS will scrutinize stimulus payments that were issued against the tax returns that claim the Recovery Rebate Credit. We do not know how much delay that the IRS will incur in your case.
IRS live phone assistance is extremely limited at this time. For stimulus payment questions, call 800-919-9835.
Follow the TurboTax COVID Tax Center and the IRS Economic Impact Payment Information Center for further developments.
Hi! So this happened to me too; however I have not cashed the check but it has been over 21 days and I haven’t got my federal return yet. I don’t want to return the check in case the deduct it from my return. But I don’t know how long will they take.
You can cash the check. The IRS has published they will review and catch those errors and notify you of any corrections. See questions G2 and G3 here.
If you have not received a stimulus check for rounds one and/or two and you haven't filed a 2020 tax return, you can claim those when you file your 2020 tax return as a Recovery Rebate Credit.
If you have not received a third round stimulus check and you haven't filed a 2019 or 2020 tax return then you should file the 2020 return to establish your eligibility for that payment.
If you have already filed your 2020 tax return, then you will just need to wait for the process to complete.
You can use the "Where's My Refund" link to track your tax refund that includes any Recovery Rebate Credits and the "Get My Payment" tool for the third round of stimulus.