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After you file
No, you can't correct it. he IRS will reconcile the recovery payment based on your 2020 income tax return and your refund will be adjusted. The Recovery Credit Rebate form have 2 questions: "How much was the EIP 1 payment received, if you're married, enter $2,400 ,and next question was "How much EIP 2 payment received, if you're married, enter $1,200.
The Recovery Rebate Credit is calculated based on the number of qualified dependents under 17 years old plus taxpayer/s on your 2020 Federal income tax return.
March 11, 2021
7:06 PM