If you did not receive a first-round and/or second-round stimulus payment, your 2020 Recovery Rebate Credit is based on 2020 income. Did your situation in 2020 make you ineligible for the Recovery Rebate Credit? If you received notification of a $1,600 credit after your initial input of 0 and then entered additional income in the rest of your return, your credit will be either decreased or eliminated when you preview your return.
Per the IRS, your Recovery Rebate Credit amount will be phased out if your adjusted gross income for 2020 exceeds $150,000 if you are married filing a joint return or filing as a qualifying widow or widower, $112,500 if you are using the head of household filing status, or $75,000 if you are using any other filing status.
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