topic Stimulus payments in Deductions & credits

Stimulus payments

macampora — Mon, 01 Feb 2021 18:47:15 GMT

I received two Stimulus payments one in April 2020 and another in January 2021.

Can I use the January 2021 in my 2020 tax return

Re: Stimulus payments

MaryK4 — Mon, 01 Feb 2021 19:04:10 GMT

Yes you must report the January 2021 payment as the second stimulus payment so TurboTax can calculate the correct amount for the Recovery Rebate Credit.

Re: Stimulus payments

macampora — Mon, 01 Feb 2021 20:35:30 GMT

Thank you for the help

Mike Acampora