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Get your taxes done using TurboTax
The first and second Economic Impact Payments were part of the 2020 income tax return.
If you claimed the missing first payment as a Recovery Rebate Credit, then you will have to amend your 2020 return to pay back the amount claimed for the first EIP.
Check line 30 of your 2020 Form 1040. Because you received the second payment, the amount on line 30 will be the amount you claimed for the first payment. That is what you’ll have to pay back.
If you did not use TurboTax in 2020, go to File your 2020 taxes to purchase the 2020 program. Download this and install it on your computer. The IRS is no longer accepting 2020 returns.
If you used TurboTax in 2020 you can amend your return for free.
See: How do I amend my federal tax return?
Report the $26 IRS interest on your 2022 return since you received that in 2022.
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