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Recovery Rebate Credit/3rd stimulus ck (2021 Tax Year)
My 21yr old son worked in 2020 so he received all his stimulus checks including the 3rd one in 2021. He filed his own taxes for 2020. My son never filed taxes before and was always my dependent on taxes prior years. In 2021 he did not work at all and won't be filing taxes for last year. I am doing my taxes now and will be claiming him as a dependent for 2021. When I get to the part where turbo tax asked me how much I received in 3rd stimulus I input $2,800 (myself and spouse). It said I was underpaid $1200 and will recover additional $1200. Is this correct?
Thanks in advance for any advise.
March 14, 2022
8:44 AM