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No. If Line 30 of your 1040 (Recovery Rebate Credit) is incorrect, the IRS will calculate the correct amount of the Recovery Rebate Credit, make the correction to your tax return and continue processing your return. If a correction is needed, there may be a slight delay in processing your return and the IRS will send you a notice explaining any change made. It will not prevent you from receiving the amount you are entitled to.
2020 Recovery Rebate Credit — Topic G: Correcting issues after the 2020 tax return is filed
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April 14, 2021
12:58 PM