Child born in August 2020, can't claim the Recovery Rebate Credit for stimulus #2?

nickm1 — Wed, 17 Mar 2021 16:12:39 GMT

I'm using Turbotax deluxe and it won't let me claim recovery rebate credit for stimulus payment #2. I do have a valid SSN for the child that was born in August 2020. I am filing married jointly and our AGI for 2019 is 132k and 2020 is expected to be 142k. I did get a stimulus payment of 1800 (based on 2019 tax return with 1 child. In 2020 we have 2 children).

What do I need to do to get Turbotax to let me claim this recovery rebate for the "missing" child? Thanks!

Re: Child born in August 2020, can't claim the Recovery Rebate Credit for stimulus #2?

xmasbaby0 — Wed, 17 Mar 2021 16:27:28 GMT

Children born in 2020 were not included in the 1st stimulus because those checks were based on 2018 or 2019. No one got stimulus money for babies born in 2020 because the IRS did not know about those babies or have their SSN’s. But on your 2020 tax return you can claim your child born in 2020 for the stimulus money, as well as the other child-related credits. You enter your new dependent in My Info. When you go through the screens in My Info make sure to say your child lived with you the WHOLE year. When it asks the oddly worded question about whether your child paid for over half their own support say NO.

The stimulus check is an advance on a credit you can receive on your 2020 tax return. If something went wrong or you did not get the stimulus check in 2020, you can get it when you file your 2020 return in early 2021

The Recovery Rebate Credit will be found in the FEDERAL REVIEW section. ( you should see "Let's make sure you got the right stimulus amount”) If you are eligible it will end up on line 30 of your 2020 Form 1040.

Make sure that you enter ALL of the stimulus money received for the 1st and 2nd stimulus for yourself, your spouse and your children.

https://www.irs.gov/newsroom/economic-impact-payment-information-center-topic-j-reconciling-on-your-2020-tax-return

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

Re: Child born in August 2020, can't claim the Recovery Rebate Credit for stimulus #2?

nickm1 — Wed, 17 Mar 2021 17:47:25 GMT

Thanks. I had to put the WHOLE year in order to get that credit to kick in.

topic Child born in August 2020, can't claim the Recovery Rebate Credit for stimulus #2? in Get your taxes done using TurboTax

Child born in August 2020, can't claim the Recovery Rebate Credit for stimulus #2?

Re: Child born in August 2020, can't claim the Recovery Rebate Credit for stimulus #2?

Re: Child born in August 2020, can't claim the Recovery Rebate Credit for stimulus #2?