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Recovery Rebate Credit Tax Year 2021
I am working a tax return for a single individual who does not own a home and has no dependents. She states that Social Security was her only income in 2021. TurboTax has determined she is due a $1,400 Recovery Rebate Credit, which results in a Federal "refund" of $1,400. I am not familiar with the credit and she has never received such a credit before.
Is it reasonable that she would be due the refund?
Thank you!
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March 15, 2022
5:30 AM