HelenC12
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Get your taxes done using TurboTax

If you didn't receive all or only received a portion of your Economic Impact Payment (IEP), you'll be able to reflect that in TurboTax.

 

  1. Log on to TurboTax and start preparing your income tax return.
  2. TurboTax will ask you to manually enter the actual amount you received in IEP, if any, as you're going through the federal review section.
  3. If you didn't receive your IEP or only a portion of it, TurboTax will add the amount to your income tax return.

 

Per IRS: Generally, if you are a U.S. citizen or U.S. resident alien, you will receive an Economic Impact Payment of $1,200  ($2,400  for a joint return) if you (and your spouse if filing a joint return)  are not a dependent of another taxpayer and have a Social Security number valid for employment and your adjusted gross income (AGI) does not exceed:

  • $150,000  if married and filing a joint return
  • $112,500 if filing as  head of household or
  • $75,000  for eligible individuals using any other filing status
    Your payment will be reduced by 5% of  the amount by which your AGI exceeds the applicable threshold above.

You are not eligible for a payment if any of the following apply to you:

  • You may be claimed as a dependent on another taxpayer’s return (for example, a child or student who may be claimed on a parent’s return or a dependent parent who may be claimed on an adult child’s return).
  • You do not have a Social Security number that is valid for employment.
  • You are a nonresident alien.
    The following are also not eligible: a deceased individual or an estate or trust.

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