JamesG1
Expert Alumni

Deductions & credits

Did you report the amount of the two stimulus payments on line 30 of your 2020 Federal 1040 tax return when you filed?  Had you already received the first two stimulus payments?  Please clarify.

 

If you had reported a Recovery Rebate Credit on line 30 of your 2020 Federal tax return for stimulus payments that you had already received, the IRS would have reduced your refund by the amount of the stimulus payments that you had already received.

 

 

 

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