@Kathryn Starr wrote:
Some of my friends say there is a place to enter the $1,400 Economic Impact Payment, but the instruction say not to. Where is the truth?
What instructions, where?
If you received the 3rd stimulus payment you need to report it on your 2021 tax return so that you will not have the Recovery Rebate Credit erroneously entered on your 2021 tax return.
The stimulus question is asked in the TurboTax program after you have completed all your entries for the federal tax return and are in the Federal review section.
There are only two reasons you would Not be asked about the 3rd stimulus payment -
1. You are being claimed as a dependent (or)
2. Your 2021 Adjusted Gross Income is over the maximum to receive the Recovery Rebate Credit
• Single or married filing separately—$80,000
• Married filing jointly or qualifying widow(er)—$160,000
• Head of household—$120,000
