@4more wrote:
@DoninGA Yes, my answer to 2 was yes. 3 and 4 were skipped and have no/null answers. TT ignored the limits and said I have $775 coming. The IRS says no! I received no stimulus and entered so. The IRS is disallowing this credit.
I'm assuming line 8 was the problem and should be 0 instead of $1200. If I reduce one of the lines by $1200 I would get a 0.
8 Enter: @ $600 if single, head of household, married filing separately, qualifying
widow(er), or if married filing jointly and you answered "Yes" to question 4, or
@ $1,200 if married filing jointly and you answered "Yes" to question 2 or 3 8
All other calculators I looked at don't have a similar entry such as line 8. Line 5 is set to $2400.
Too many people have the same problem.
The credit is not eliminated at AGI over $150,000, it is phased out at a rate of 5% per $1000. Line 5 is the maximum amount eligible for EIP 1 ($2400 for MFJ) and line 8 is the maximum eligibility for EIP 2 ($1200 for MFJ). Those numbers on the worksheet are correct if you told Turbotax you received no stimulus payment or less than the maximum amount. Where you may be running into a problem or confusion is with the calculations of limitations based on income.
You also don't give us enough details, what is $775? If that is the total on line 30, that is the correct rebate if your AGI is about $182,500 and you never received a round 1 stimulus payment.
What are the amounts on:
line 11 (your AGI)
line 16 (first stimulus payment)
line 17 (rebate due from first stimulus)
line 19 (second stimulus payment)
line 20 (rebate due from second stimulus)
(Also, I assume you don't have any dependents, otherwise the maximum rebates would be higher. Let us know if you did claim dependents.)
Lastly, it may be that the IRS thinks they issued a stimulus payment, which will preclude you from claiming the rebate also. You can log into your online IRS account and check to see what payments the IRS thinks they issued.
https://www.irs.gov/payments/view-your-tax-account
If the IRS thinks they issued a payment but you never received it, you have to trace the missing payment. You can't claim it as a rebate.
