You are hearing chatter to leave your recovery rebate credit blank instead of filling out your tax return correctly? That might have the effect of delaying your refund while the IRS cross checks to see how much you actually received. Beware of getting income tax advice based on "chatter."
Congress passed the 2nd stimulus bill at the end of 2020. Both stimulus checks were an advance credit for your 2020 tax return, The 2nd stimulus checks started going out at the very end of December 2020 and continued into early January 2021. When you fill out the recovery rebate credit it is important for you to enter the entire total of the amount you have received for yourself, your spouse, and your dependent children so far. Entering the wrong amount might delay your 2020 refund.
It should help you if you bear in mind that the purpose of the question is to determine if you have already received the amounts you should have received.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
