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Recovery Rebate Credit Worksheet Line 16
I've been using TT for 7 or 8 years without a problem until this year and it has to do with Line# 16 on the Recovery Rebate Credit Worksheet. Married filing jointly. We received the full amount of both stimulus payments ($2400 & $1200). Line# 16 asks for the amount receive in EPI 1 which should be $2400 yet TT entered the amount for EPI 2 $1200. As a result the worksheet calculated a $958 credit and added on the 1040-SR Line #30. We were not due the credit since we received the full amount for both payments. My question is where did the $1200 that was entered on Line# 16 come from? All questions regarding the stimulus payments were answered correctly yet the program seems to have pick up the wrong stimulus payment amount to enter on Line# 16, $1200 vs the correct amount which should have been $2400. Is it something I did or is/was the program picking up the wrong stimulus payment?