I expect the IRS to scrutinize stimulus payments that were issued against the tax returns that claim the Rebate Recovery Credit (RRC). This is what the IRS calls the stimulus payments that are issued through the 2020 Federal tax return.
When we receive direction from the IRS, it will be reported at the TurboTax COVID Tax Center and the IRS Economic Impact Payment Information Center.
If you have e-filed your 2020 Federal tax return and the tax return is rejected by the IRS, you will have the opportunity to correct the entries and calculations to generate the Rebate Recovery Credit as well as correct the entries that generated the rejection.
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