- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
Unfortunately, there is no option available to update a taxpayer’s bank account for the second round of Economic Impact Payments (“stimulus checks”.) Some taxpayers may receive a check, but the majority will need to claim the credit when filing their 2020 tax return.
You will claim the Recovery Rebate Credit in TurboTax by answering the two questions about the stimulus payments that will appear at the end of the TurboTax interview.
The questions are in the section Federal Review.
Once the information is entered you will see your refund increase or balance due decrease, and TurboTax will enter the amount of the credit on Line 30 of Form 1040 for you.
**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 8, 2021
6:39 PM