The Recovery Rebate is based off of 2020 income. The ADVANCE payments used either 2018 or 2019 tax data, but the payments are reconciled on the 2020 tax return. You posted this above '''The recovery
rebate credit is figured like the economic
impact payments except that the credit
eligibility and the credit amount are
based on your 2020 tax year information. If you didn’t receive the full
amount of the recovery rebate credit as
economic impact payments, you may be
able to claim the recovery rebate credit
on your 2020 Form 1040 or 1040-SR.'' @bobbyBE
If you received too much, you don't have to pay it back, but you won't get extra if you do not qualify based on your 2020 income.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
