@sailfish wrote:
Hi,
As far as I know, I entered the correct amount of stimulus in the boxes. That said, if it's supposed to be non taxable income or considered "stimulus", why would it be deducted from my federal return. I've never in 25 years of filing, received such little in return.
Please Advise
Look at your tax return Form 1040 Line 30. If Line 30 is blank or has 0 then your stimulus payments or the Recovery Rebate Credit had no affect on your tax return.
Look at the rest of the tax return to see if there are any discrepancies or if something does not look correct.
Your taxable income, deductions and adjustment to income are all on Lines 1 thru 14 with the total on Line 15. Your tax liability is on Line 24 and your tax payments are on Line 33
Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.
