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Stimulus Payment went to Partent because 2020 taxes, but TT gives $1,400 credit to child for 2021
TurboTax for Desktop
A parent claimed a dependent in 2020, thus the March 2021 $1,400 stimulus payment for the dependent went to parent. The dependent is claiming themselves for 2021. The dependent has also earned enough money in 2021 that TurboTax Desktop insists that they had received the March 2021 $1,400 stimulus payment. When that payment is overridden with $0, because the parent received the money and not that dependent, then TurboTax still gives a $1,400 Recovery Rebate Credit to the dependent for 2021 filing and it does not seem to be able to be overridden with while using the Guide Me Though.
That doesn't seem correct, as the family has already received the $1,400; what is correct?
March 6, 2022
6:00 PM