- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
Yes, you should file for the Recovery Rebate Credit on your 2020 income taxes. The advance stimulus payments were based on your 2019 tax return, but the credit is based on your actual 2020 income tax return. Your amended return for 2019 will not affect this computation.
If you didn’t receive the first stimulus payment or the correct amount of stimulus payment, you can claim the Recovery Rebate Credit when you file your 2020 taxes and it will provide the same amount of payment as the stimulus would have. TurboTax will guide you through this when you prepare your return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
January 7, 2021
10:45 AM