@cep1021 Turbo Tax knows what your income is and won't give you the Recovery Rebate Credit if it is too high. There is no problem with that. Turbo Tax calculates it right. If your income is too high you won't even get asked if you got the 3rd Stimulus payment. Did you make more than these amounts?
Your credit amount will be reduced by the amount of your third Economic Impact Payment. It is then reduced if the adjusted gross income (AGI) amount on line 11 of your 2021 Form 1040 or Form 1040-SR is more than:
- $150,000 if married and filing a joint return or filing as a qualifying widow or widower
- $112,500 if filing as head of household or
- $75,000 for all others.
No credit is allowed when AGI is at least the following amount:
- $160,000 if married and filing a joint return or if filing as a qualifying widow or widower
- $120,000 if filing as head of household or
- $80,000 for all others.
