topic stimulus payment in Deductions & credits

stimulus payment

jmwp2000 — Tue, 26 Jan 2021 01:10:49 GMT

where do you enter your stimulus payment when turbo tax does not ask about it or guide you to it?

Re: stimulus payment

SamS1 — Tue, 26 Jan 2021 01:34:48 GMT

For TurboTax Online, you will be asked to enter your stimulus payments before you start your Federal Review. If you are using TurboTax Desktop, make sure all updates are loaded by going to "Online" in the Top Menu then "Check for Updates". After you complete the "Other Tax Situations" in desktop, TurboTax will ask for your stimulus payment information.

The pandemic affected your taxes in many ways. Click here for more information.

Re: stimulus payment

xmasbaby0 — Tue, 26 Jan 2021 01:34:31 GMT

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, If you are eligible it will end up on line 30 of your 2020 Form 1040.

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

https://www.irs.gov/coronavirus/coronavirus-tax-relief-and-economic-impact-payments-for-individuals-and-families