If you received Notice 1444 in the mail but have not received your first payment as mentioned in the notice, then you need to request a trace to be able to claim the Recovery Rebate Credit on your 2020 tax return. Please see How do I request a payment trace to track my first or second Economic Impact Payments?
To claim the Recovery Rebate Credit in TurboTax, please follow these steps:
- Log into TurboTax.
- After entering all your information click "Federal Review" at the top of your screen (or click "Search" and type "Stimulus" and follow the jump to link).
- On the screen "Let's make sure you got the right stimulus amount" click "Continue".
- You will be asked about the amounts of first round and second round stimulus payments you received. If you did not receive a payment enter "0".
- TurboTax will then calculate the amount of stimulus payment remaining that you are still entitled to get.
- Any stimulus amount remaining due to you will show as a credit on line 30 of the 1040.
To be eligible for the Recovery Rebate Credit you need to be a U.S. citizen or U.S. resident alien in 2020 and have a Social Security number that is valid for employment.
You cannot be claimed as a dependent by someone else to be eligible.
Your credit amount will be reduced if your 2020 adjusted gross income (AGI) is more than:
- $150,000 if married and filing a joint return or filing as a qualifying widow or widower
- $112,500 if filing as head of household or
- $75,000 for eligible individuals filing as a single or as married filing separately.
Your payment will be reduced by 5% of the amount by which your AGI exceeds the applicable threshold above. (IRS FAQ Recovery Rebate Credit )
You can check IRS Get My Payment for details on your third stimulus check.
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