JoannaB2
Expert Alumni

Get your taxes done using TurboTax

The Economic Recovery Credit is calculated based on the number of children under 17 years old.  The form have 2 specific questions on line 18 and 19: How much was EIP1 received, if you're married enter $2,400; second question was How much was EIP2, enter $1.200, if married.  If you accidentally bypass those questions, no worries.  The IRS will reconcile and will do the adjustment. Under American Rescue Plan signed in 3/21/2021, most taxpayers received the 3rd Economic IImpact Payment or stimulus.