I opened my 2020 turbotax (home and business) today to take a look at where I stand on my 2020 taxes. I answered the step-by-step questions concerning the economic stimulus where I stated that I had not received any stimulus checks yet (since my income in 2019 was too high for an advance on this credit). After I did that, it seems like Turbotax had given me to much credit. I looked at the 1040, and turbotax was showing that we (I am married with no other dependents) were due a $4800 tax credit. I was expecting each of us to get $1200 from the first round of stimulus and $600 for the second round, for a total of $3600 (($1200+$600)x2). I looked at the Recovery Rebate Credit Worksheet that turbotax generated and in line 5 the form says to enter either $1200 if you are single, or $2400 if you are married filing jointly. Turbotax had entered $3600 instead. This seems like a mistake.
