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Get your taxes done using TurboTax
The recovery rebate credit for the 3rd EIP payment is based ONLY on your 2021 income. It is not based on your 2020 income or your 2019 income. People who received the EIP payment based on those earlier tax returns do not have to pay it back, but the IRS is not going backwards now and using income from those years to determine if you get the credit on your 2021 tax return. If you are eligible according to your 2021 income then you can get the credit on line 30 of your 2021 Form 1040.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎February 17, 2022
9:45 AM
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