Deductions & credits

@WD4 - understand that without seeing your tax return numbers, we are all guessing, so give these fellow community members a break - no one is getting paid for this.

 

But let me see if I can help....... the fact that the Recovery Credit is such an odd number means that the IRS saw your income as over the limit.  $3600 - $3111 = 489 and if I divide that by .05 I get $9780, so I wonder if your adjusted gross income is $159,780??????   (or if single, your adjusted gross income is $84, 780) If you income is over $150,000, then the stimulus gets reduced by 5% for every dollar over $150,000.

 

what is your reference to 'question 2, line 10' - what form are you referring to ????

 

does that give you any clues? 

 

otherwise, please post the following from your 2020 tax return and I can figure this out: 

 

1) how much you ACTUALLY received for each of the first two stimulus payments? list each one separately please

2) number of children under the age of 17 as of 12/31/20.

3) your adjust gross income (line 11 on Form 1040)

4) I assume you are filing joint in 2020 . please confirm 

5) did you have an unemployment income? if so, how much?