- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
You are given credit for the third stimulus check/recovery rebate credit very early in the software. Maybe it will help if you can see the process.
The computation of the Recovery Rebate Credit is a two-step process. You are able to observe what is happening at each step on line 30 of your Federal 1040.
Early in the program, TurboTax software computes whether you qualify for the $1,400 third stimulus check and gives you immediate credit for the third stimulus check.
You are able to view this Recovery Rebate Credit on line 30 of the Federal 1040 under Tax Tools / Tools / View Tax Summary / Preview my 1040.
You enter the third stimulus check actually received at the screen Let's double-check the amount you received.
Then the Recovery Rebate Credit on line 30 becomes $0. You may also view this under Tax Tools / Tools / View Tax Summary / Preview my 1040.
**Mark the post that answers your question by clicking on "Mark as Best Answer"