@jt040900 wrote:
It does say its a credit so when I file in 2022 will I still the standard deduction from me and my wife? The last year we claimed our two dependents was in 2019 so 2020/2021 we had to dependents so you are saying they will not take that into account? Thanks last question.
Stimulus payments have no effect on your Standard Deduction. For Married Filing Jointly on the 2021 tax return the Standard Deduction will be $25,100.
Since you correctly received the third stimulus payment there is nothing for you to report concerning the payment on your 2021 tax return.
