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Deductions & credits
Forms availability for an amended 1040X tax return is not available before March 25 but that could be moved depending upon how the IRS decides to treat this unemployment income issue and whether the filing deadline does, in fact, get moved back.
At least at this point, we do not seem to be seeing people receiving the third stimulus based upon their 2020 Federal 1040 tax return. Perhaps that will change in a day or two.
This TurboTax Help states:
Do I need to do anything to get my stimulus check?
You don’t need to do anything to get your stimulus check. The IRS will determine eligibility based on your last tax return (either 2019 or 2020) and will likely send your payment to the bank account where your tax refund was deposited.
Things are so incredibly fluid. The best I can say is to follow the TurboTax COVID Tax Center and the IRS Economic Impact Payment Information Center as further updates are issued by the IRS.
Best wishes.
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