After you file
You will need to look at your Form 1040. If you claimed the Recovery Rebate Credit, it will show up on Page 2, line 30 of your Form 1040 as the Recovery Rebate Credit. See the sample form below.
It would show up in TurboTax as long as you have entered based upon the input provided above.
In TurboTax, you can view your tax summary for your 2020 tax return by doing the following:
- Go into the black panel on the left and select Tax Tools.
- Then select Tools beneath Tax Tools.
- A "Tools Center" box will pop up, select "View Tax Summary"
- You will see a screen that gives a snapshot of your taxes based upon your input so far.
- Click on the black panel on the left bar and select Preview my 1040
- This will allow you to review your overall line items on your federal tax return. Compare these amounts to your actual tax return for 2019 to help you determine why there is such a large difference from year to year.
After you review the above items, simply select "Back" in the black panel to get back to the interview forms.
If it is not, you may need to review your entries in the Federal Review section to ensure you have entered both amounts or indicated you did not receive any payments. This credit is used to offset any existing tax liability so your refund may not be the exact amount of the credit. You would want to review that as well.
The return you prepare in TurboTax is filed with the IRS. They will reflect the same information unless the IRS has additional information and makes adjustments.
