topic Re: No income. Why return third stimulus payment? in Get your taxes done using TurboTax

No income. Why return third stimulus payment?

amend20201 — Tue, 24 Feb 2026 08:01:44 GMT

I am amending 2021 1040 with TurboTax desktop. I originally received the third stimulus of $1,400.

In both original filing and amended, I had zero income from all sources. My original AGI was 0 and my amended AGI is negative $23,000. I'm even carrying a capital loss, and had no capital gains whatsoever.

With amendment, TurboTax concludes that I must return the $1,400 stimulus!

Why? What am I doing wrong?

Re: No income. Why return third stimulus payment?

DoninGA — Sat, 18 Nov 2023 21:21:13 GMT

Why are you amending the 2021 tax return if you had no income from any source in 2021? The EIP3 does not have to be returned if you were not a dependent on someone else's tax return in 2021.

Re: No income. Why return third stimulus payment?

amend20201 — Sat, 18 Nov 2023 21:25:51 GMT

I have a startup business in an SMLLC that I intend to close. It has accumulated NOLs, and has never made revenue. I need to file amendments to stay current in order to close the LLC.

Re: No income. Why return third stimulus payment?

DoninGA — Sat, 18 Nov 2023 21:36:36 GMT

You should not be completing the Recovery Rebate Credit section of the amended return since you have already received EIP3.

Re: No income. Why return third stimulus payment?

amend20201 — Sat, 18 Nov 2023 21:41:25 GMT

Thank you @DoninGA and agreed! I've been trying to override the section below in TurboTax Home & Business 2021. Is this possible, or is there a better solution?

Re: No income. Why return third stimulus payment?

DoninGA — Sat, 18 Nov 2023 21:45:13 GMT

I'll page one of our members who may be able to assist @Anonymous_

Re: No income. Why return third stimulus payment?

Anonymous_ — Sat, 18 Nov 2023 21:56:21 GMT

Really not anywhere up to speed on the recovery rebates and the like, so I'll page @Mike9241.

Re: No income. Why return third stimulus payment?

VolvoGirl — Sat, 18 Nov 2023 22:05:44 GMT

What did you have on the original 1040 return line 30 for the Recovery Rebate Credit? It should have been 0 or blank. Did you have any refund or tax due on the original return?

Re: No income. Why return third stimulus payment?

amend20201 — Sat, 18 Nov 2023 22:56:31 GMT

Thank you @VolvoGirl ! It was blank. And there was no refund, or tax due on the original.

My original 1040 was prepared using a free web-based, non-TurboTax, program. That program did not allow me to amend, so I switched to TurboTax desktop 2021 and, according to threads in this community, recreated the original in order to amend with TurboTax desktop.

In either case, line 30 was blank, and there was no refund, or tax due on the original.