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Economic Rebate Recovery Credit
Hi All -
My husband and I file a joint return. We did not receive the full $2400 first stimulus check (which they based off out 2018 ax return) and id not receive the second $1200 at all (as the IRS was "processing: our 2019 tax return - for a FULL YEAR - just got the 2019 refund we were due) - ANYWAY...the IRS in one of the many phone conversations I had with them said that we did, indeed, qualify for the second stimulus payment and that I should put the $1200 on line 30 on the Form 1040. Well.....TurboTax is not allowing me to do this - they are basing the recovery rebate on 2020 adjusted gross income which makes us ineligible. How can they do that when the SECOND payment was based on the 2019 tax return? Is anyone else having that problem? I'm a little ticked off since the IRS held my return "due to COVID" (but my return was electronically filed n February) - Anyway.....how is this problem fixed? That credit is the difference between me owing federal taxes and getting a refund (since I did deserve the stimulus payment in the first place) - Any advice???