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Why is my covid recovery rebate tax credit less than the amount I am eligible
TT shows that I was eligible for $1700 stimulus payment last year but since I didn't receive it, a recovery rebate credit should be applied to my tax return. However, the credit amount is much less than $1700. Please see the screen shots below.
We are doing joint filing and our total income in 2019 was less than $150k while it is more in 2020. Could that be related to that (which should still be wrong as first round of stimulus payments were based on 2019 income)?
Thanks in advance
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May 4, 2021
6:18 PM