KochuK
Expert Alumni

Deductions & credits

Hi Jaha96, thank you for joining the "Ask the Experts: New Dependent" special forum today.

The first and second stimulus payments are reconciled when you file 2020 tax return. 

If you did not receive any or short paid compared to the amount you are entitled based on 2020 filing status and income level, the amount should be reflected on Form 1040, line 30 as Recovery Rebate Credit.

 

Please review your filed 2020 Form 1040, line 30 and determine if you need to file an amendment to claim the the underpaid stimulus payments.

Hope this helps.

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