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Recovery Rebate Credit with change in filing status
Hi, I am recently divorced (in December 2021) and will be filing HoH (with 3 kids) for 2021. While married, my husband and I never received any stimulus payments due to our combined income being over the eligibility threshold. When completing my taxes in TurboTax, I answered that I had not received any stimulus payments and now I'm getting a huge refund due to my sudden eligibility for this Recovery Rebate Credit. I'm just confused - since I wasn't eligible at the time that the payments were made (i.e. March 2021), how can I receive this benefit now? Does this seem correct? Hope I'm explaining this clearly - I'm just freaking out at getting a massive refund unexpectedly. Thanks!
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‎January 21, 2022
9:22 AM