Get your taxes done using TurboTax
In some returns, TurboTax started out by adding the amount of both stimulus payments to your refund or to offset any taxes due. In your case something does seem to have gone wrong with that calculation. Then when the stimulus payments are input as received that amount of money is deducted from the total and the amount due goes up.
Please follow these steps to see it your amount owed calculates correctly.
Delete the Recovery Rebate Credit worksheet.
You will need to open TurboTax in a browser or on a computer. This will not work in the app.
- Go to Tax Tools on the left panel of your screen
- Tools
- Delete a Form
- Find the Recovery Rebate Credit Worksheet and click Delete
Add the Stimulus Recovery Rebate Credit Worksheet
At the top of your tax return select Federal Review
That will take you to this screen where it asks if you have already received your stimulus payments. If you received the first or second payment already, then select Yes and fill in the information. If you did not receive any payment select No. If you received the first payment only, fill in that amount and put zero (0) for the second payment.
When the screen is correct, you refund will be adjusted for the amount of stimulus payment that will be added to your 2020 refund.
@ bob-welsh-jr
