Do I have to report EIP payments

Forum|Forum|5 years ago
March 5, 2021
6 replies
41 views

I haven't come across any place to enter the info for my two EIP payments. Do I need to enter them somewhere. I believe they're not taxable.

DoninGA

Level 15

You report receiving the stimulus payments in the Federal Review section of the program.

VolvoGirl

Level 15

Yes you have to enter them or Turbo Tax will give it to you again. They are not taxable but you may see your refund change when you enter them because Turbo Tax starts out assuming you didn't get it.

When you go through the federal review tab it will ask how much you got if any. Enter a 0 in the box if you didn't get one. Or to enter your stimulus payment in TurboTax, type "stimulus" (without the quotes) in the Search box, then click the link that says "Jump to stimulus."

After you have entered your tax information and are ready for the Federal Review, it will be the first question.

If you are trying to trigger it, you can go to Other Situations, answer any questions and click Done. The next automatic selection is Federal Review and it will ask about payments received.

The Recovery rebate credit is on 1040 line 30. It either adds to your refund or reduced a tax due.

travelinkid

Level 2

Where do I report EIP on 1040-X?

Critter-3

Level 15

You report receiving the stimulus payments in the Federal Review section of the program.

travelinkid

Level 2

Thank you for responding, however, my 1040 X does not have a line reading "federal review." What line number should I enter EIP I forgot to report on 1040 SR?