The first and second stimulus were both to be based on your 2020 income. They were "Advanced Payments"
Since they were made before taxes could be filed, the payments were based on 2019 returns.
Now we CAN file our 2020 returns.
If the 2020 returns indicate the stimulus received was too little, the additional amount is received as the Recovery Rebate Credit.
If the 2020 returns indicate the stimulus received was too much, the excess does NOT need to be paid back.
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