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Get your taxes done using TurboTax
If you are no longer a dependent in 2020, then you qualify for the Recovery Rebate Credit. It is not a glitch in TurboTax.
Generally, if you did not get a first or second round stimulus payment because you did not qualify due to the last tax return filed, and now you qualify due to a change in circumstance, then you will get a Recovery Rebate Credit. The Recovery Rebate Credit is calculated into your overall tax refund and will either increase a refund or decrease the amount of tax owed.
To qualify, you must:
- Be a US citizen or resident alien.
- Not be claimed as a dependent on someone else's tax return.
- Have an Adjusted Gross Income (AGI) up to $75,000 for individuals and up to $150,000 for married couples filing joint. If your AGI is above this amount, your payment will be reduced.
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March 6, 2021
9:40 AM