@sthompson24 wrote:
Can you please tell me is possible to get stimulus checks for my baby born in 2020? Does that need to be added on the recovery rebate credit? I've already filed and it's been accepted. Would I need to amend it?
The recovery rebate is calculated based on the number of qualifying dependents you claim on your tax return. It is added by Turbotax automatically, and you have to take specific steps to remove it, so it is likely you already claimed whatever you were eligible for. (The rebate lowered your tax owed or increased your refund, it is not a separate check.)
If the child was born during 2020 and not subject to a custody dispute between parents who are divorced or separated, then you should have indicated the child lived with you "all year" even if they were born in the middle of the year. Answering this incorrectly might prevent you from claiming the additional rebate, and it would also prevent you from claiming the $2000 child tax credit, you would only qualify for the $500 "other dependent" credit.
Print a copy of your tax return. Make sure the dependent is listed on the front and the box is checked for the $2000 credit. Then check line 30, that is the amount of rebate you claimed. It should be equal to what you qualified for, minus what you already received. For example, if you are single or head of household and claim 2 dependents, your maximum rebate would be $4000. (Round 1, $1200 for adult, $500 for each dependent under age 17; round 2, $600 for each adult and dependent under age 17). If you received stimulus checks of $1700 and $1200, your remaining rebate to claim on your tax return would be $1100.
If your dependent is not correctly listed as qualified, you can file an amended return to claim the child tax credit and rebate you missed out on. If your dependent is correctly listed, Turbotax will have automatically claimed any rebates you were entitled to on top of any stimulus checks you received.
