- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
$1200 stimulus
When I file my taxes on 1040 form through turbotax I answered that I had received the $1200 stimulus. I had the same income as 2019 and not in a different tax bracket and no different tax situation.
Just for the sake of example I'm saying my return was $2000. Having stated I received the 1200 stimulus.
I then went back and said I did not receive the 1200 and my return became 3200.
Every article I could find about this since it was given out has said that receiving the stimulus would not reduce your return.
What am I missing?
In this case it seems the 1200 was just an advance on your 2020 tax return.
Topics:
‎February 4, 2021
4:51 PM