Deductions & credits


@Jessica1108 wrote:

I checked and it says 1200. I’m just concerned I will have to amend my taxes. Where the information is incorrect will they just take out the 1200? I don’t understand what I did wrong 🤦🏼‍♀️ I’m bad at taxes lol


If the 2020 tax return that you filed is incorrect for the amount of stimulus you should have received, the IRS will adjust your tax return by removing the tax credit on the Form 1040 Line 30 that is incorrect.  This will reduce your federal tax refund.

The IRS starts accepting or rejecting 2020 tax returns on February 12, 2021.