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Deductions & credits
In addition to what VolvoGirl mentioned, the amount of the Rebate Recovery Credit is based upon your actual 2020 income tax return you file. Therefore, if you meet the criteria for the credit, you will receive it when you prepare your 2020 income tax return.
Please see the attached link for more information on who can claim the credit.
Recovery Rebate Credit eligibility
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March 2, 2021
2:50 PM