After you file

Thanks, I found the Recovery Rebate Credit Worksheet. Your instructions failed to mention that once you are in the Form view within TurboTax you then have to click on Open Form, then a search bar appears to search for other forms/worksheets. Unless you click on Open Form, no search bar is available within the forms portion of TT.  When I looked at the Worksheet it was completed and the result showed that we didn't qualify based on our 2021 income.

 

I made a discovery from another TT forum that the 3rd stimulus payment that was made in early 2021 was apparently an advance payment based on 2021 income.  I am now curious, if the government paid us a 3rd stimulus based on our 2020 tax year filing, but now when we file your 2021 taxes and don't qualify per the worksheet, do we need to refund the amount they paid as an advance?   If yes, then where does TurboTax evaluate and what form or line is this reported on? My assumption is the amounts that appear on Letter 6475 for 2021 EIP are only the 3rd stimulus payments and does not include the 2nd or 1st.