KrisD15
Expert Alumni

Deductions & credits

The payments are not taxable income. If a Taxpayer hasn't received their stimulus payments, that amount is added to the Taxpayer's refund. 

 

If the TurboTax program was including the payments in your refund, when you told the program you already received the payment, your refund went down because your refund no longer includes that extra amount. 

 

It isn't making your refund less, it just isn't adding the stimulus in anymore. 

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