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Deductions & credits
@OldSalt13 Sounds like you were confused about the recovery rebate credit and did not understand what you were supposed to enter. If you received the $1400 per person stimulus checks last year you were supposed to answer the questions about that in Federal Review. If you neglected to enter that you received that money, you could end up with $2800 on line 30 of your Form 1040 that you were not entitled to receive a second time. The IRS knows if you received that $2800 and removes it from your refund since you cannot get it twice.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎April 15, 2022
7:36 AM