nphmeier
Returning Member

Recovery Rebate Credit

My recovery rebate credit form was flagged during my Federal review within Turbotax. To which it prompted me to enter the amount of both stimulus checks received: The initial $2400 and the subsequent $3000, including dependents factored into each. Once I entered the $2400, my rebate increased significantly. As well, following the sheets calculation instructions for the subsequent $3000 stimulus received, my rebate increased even further. My question is if I actually received the $3000 payment in January of 2021, I would assume that I would leave this associated calculation blank, or enter $0.00 and subsequently claim the $3000 on my 2021 taxes.

 

Am I correct?

 

Thank you,