If you received a stimulus payment, you do not have to pay taxes on it or pay it back. If you don’t receive the correct amount of stimulus payment, you can claim the Recovery Rebate Credit when you file your 2020 taxes and it will provide the same amount of payment as the stimulus would have. TurboTax will guide you through this to make sure you get every dollar you deserve.
December 1, 2020 4:03 PM
last updated January 13, 2021 3:17 PM