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Other financial discussions
@Mjsoliz07 wrote:
So looks like we will be missing out on this second round of stimulus? Since there's been nothing done.
If you were eligible for and did not receive the advance 2020 credit as a stimulus payment based on the 2018 or 2019 tax returns, you can apply for the stimulus payment on your 2020 tax return.
IRS website for the Recovery Rebate Credit - https://www.irs.gov/newsroom/recovery-rebate-credit
The Recovery Rebate Credit is entered on the 2020 federal tax return Form 1040 on Line 30.
Using TurboTax the program asks about the stimulus payment in the Federal Review section.
‎December 20, 2020
6:45 AM