@ndesk wrote:
Thanks for answering. Some how the form is not allowing me to enter values.
For Year 2019, my AGI was less than $150K (joint filing) . For Year 2020, my AGI is more than $150K( joint filing).
When I try to enter the rebate, it is not allowing me to enter values nor showing this option.
Is the recovery credit based on 2020 AGI or 2019 AGI?
The Recovery Rebate Credit is based on your 2020 federal tax return, your filing status and your 2020 AGI
Go to this IRS website for the Recovery Rebate Credit information - https://www.irs.gov/newsroom/recovery-rebate-credit
