Recovery Rebate Credit

Davidrunberg — Sat, 13 Mar 2021 03:44:01 GMT

I filled out my 2020 taxes through you guys but not sure if my Recovery Rebate Credit for my dependent was on my taxes.

Re: Recovery Rebate Credit

ThomasM125 — Tue, 16 Mar 2021 12:23:37 GMT

You can look on line 30 on your form 1040 to find the amount of your recovery rebate credit. The amount should be equal to the amount of stimulus money you did not receive from the first and second round of stimulus payments.

The first round of stimulus payments was $1,200 for each taxpayer and $500 for each dependent under the age of 17 listed on your tax return. The second round would be $600 for each of the above listed on your tax return. The tax return that counts is your 2020 tax return, not 2019.

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Recovery Rebate Credit

Re: Recovery Rebate Credit