Hello, thank you for your answer and explanation - however I am still not clear/convinced about the whole situation with my taxes and we will file the return as the TurboTax suggests.
After entering the Stimulus payments received
The TurboTax then has this statement –
"After you file, the IRS will double-check these numbers before approving you for this credit"
Which in our case is $502 as is shown in the 2020 TurboTax Deluxe.
So we are still trying to understand why are there those claims about the Stimulus payments being as not reported as taxable income or not reducing or effecting the final taxes - Due or Refundable.
