State tax filing

When you do your federal income tax return, you will complete the Recovery Rebate Credit worksheet.  That will put the correct figures on Line 30 of the 1040 and calculate the amount of stimulus that you have already received or will receive as part of your 2020 income tax return.

 

That amount will flow to your Oregon state return and be used to calculate the income tax that you will pay to Oregon.

 

Here is how you will enter the stimulus payment on your federal return:

 

At the top of your tax return select Federal Review

 

Insert fed review pic

 

That will take you to this screen where it asks if you have already received your stimulus payments.  If you received the first or second payment already, then select Yes and fill in the information.  If you did not receive any payment select No.  If you received the first payment only, fill in that amount and put zero (0) for the second payment.

 

When the screen is correct, you refund will be adjusted for the amount of stimulus payment that will be added to your 2020 refund.

 

Insert Stim Pic here