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Level 1
posted Feb 16, 2021 7:18:22 PM

I thought the stimulus check wouldn’t affect my return I said yes to the stimulus information and it dropped my federal tax return

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1 Best answer
Expert Alumni
Feb 16, 2021 7:33:15 PM

The only reason your "refund" dropped when you indicate that you received stimulus payment(s) is because the refund amount prior to that included the Recovery Rebate Credit.  But since you already received the stimulus, you aren't eligible for the credit, so the program deducted it from the amount of refund showing. 

1 Replies
Expert Alumni
Feb 16, 2021 7:33:15 PM

The only reason your "refund" dropped when you indicate that you received stimulus payment(s) is because the refund amount prior to that included the Recovery Rebate Credit.  But since you already received the stimulus, you aren't eligible for the credit, so the program deducted it from the amount of refund showing.