DMarkM1
Expert Alumni

Get your taxes done using TurboTax

The Recovery Rebate Credit is based solely on information in your tax year 2020 return.  The stimulus payments in rounds one and two were based on prior year returns.  If someone received a stimulus payment for a dependent claimed on a prior year return that was correct for those payments.  You should complete your tax year 2020 return with your current information to correctly calculate the Recovery Rebate Credit for you. 

 

Here is a link with more information on the Recovery Rebate Credit.    

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