topic Re: Turbo tax Not calculating stimulus correctly in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2248740#M209983 <P class="p1"><SPAN class="s1">If you claimed a missing stimulus payment on your return but the IRS took it off you have to ask the IRS. They think they already sent it to you. Maybe it went to an account you don't remember. Or you got a check or a card. It was probably easy to miss the debit card in the mail and think it was junk mail. They have to put a trace on it.</SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">How to put a trace on a missing 1st or 2nd Stimulus payment</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://www.irs.gov/coronavirus/second-eip-faqs" target="_blank">https://www.irs.gov/coronavirus/second-eip-faqs</A></SPAN></P> Tue, 04 May 2021 02:55:01 GMT VolvoGirl 2021-05-04T02:55:01Z Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/turbo-tax-not-calculating-stimulus-correctly/01/1822940#M170585 <P>I am working on 2020 taxes everything is about complete but...</P><P>In 2019 filed MFJ, Our AGI was less than 150,000 and we have two dependents under age 17</P><P>The first stimulus paid 2900, I think it should be 3400</P><P>The second paid 1800, and I think it should be 2400&nbsp;</P><P>This should be claimed this year as a tax credit according to the IRS website.&nbsp; But TurboTax says we got all we should have.</P><P>Am I overlooking something? Is this a calculation error in TT</P> Sun, 24 Jan 2021 18:59:49 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/turbo-tax-not-calculating-stimulus-correctly/01/1822940#M170585 Radwaste50 2021-01-24T18:59:49Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1823263#M170639 <P>Please verify that both of your dependents are under age 17 on your 2020 tax return and your income is showing below $150,000.&nbsp; The correct amount of Recovery Rebate Credit is based on the information in your 2020 return only. The amounts you received as stated in your post would be correct if one of your dependents turned age 17 in 2020.&nbsp;</P> <P>&nbsp;</P> <P>Here is <A href="https://www.irs.gov/newsroom/recovery-rebate-credit" target="_blank">a link</A> that will help explain the Recovery Rebate Credit.&nbsp;&nbsp;</P> Sun, 24 Jan 2021 20:34:17 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1823263#M170639 DMarkM1 2021-01-24T20:34:17Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1837889#M172140 <P>Same thing here. I didnt get the $500 or $600 for my son but did for my daughter. But turbotax is saying I got what I should have and irs told me I didnt and put what I'm missing on line 30 on a 1040 form. Turbotax cant figure out how to get me to the form because its saying I got what I should have even though irs told me I didnt so I will with taxes but now what I dont know how to put it in</P> Thu, 28 Jan 2021 18:05:00 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1837889#M172140 Florenceann0 2021-01-28T18:05:00Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838012#M172161 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">The TurboTax software adds together the entries that you made for receiving <U>stimulus check 1</U> and <U>stimulus check 2</U>.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Then the software computes the amount of your stimulus check amounts <U>based upon the information</U> that has been entered into the tax software.&nbsp; </SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">If you are due an additional amount, it will be issued as a <U>Rebate Recovery Credit</U> (RRC) on line 30 of the 2020 1040 tax return.</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">If you believe that you are due a <U>Rebate Recovery Credit</U> (RRC) on line 30 of the 2020 1040 tax return, then you should:</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Check the amounts entered for <U>stimulus check 1</U> and <U>stimulus check 2</U>, and</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Make sure that you have correctly entered your dependent information.</SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">If there is a difference, it is in one or both of these situations.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">In <U>TurboTax Online</U>, you are prompted to input <U>stimulus check 1</U> and <U>stimulus check 2</U> information under <STRONG>Review</STRONG> down the left hand side of the screen.</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">You can also access your stimulus check choices by following these steps:</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;Down the left side of the screen, click on <STRONG>Federal</STRONG>.</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Across the top of the screen, click on <STRONG>Other Tax Situations</STRONG>.</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">At the screen <STRONG>Let’s keep going to wrap up</STRONG>.&nbsp; Click on <STRONG>Let’s keep going</STRONG>.</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">At the screen <STRONG>Let’s make sure you got the right stimulus amount</STRONG>, click <STRONG>Continue</STRONG>.</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">At the screen <STRONG>Did you get a stimulus payment?</STRONG> you can update your stimulus check entries.</SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;See also this <A href="https://turbotax.intuit.com/stimulus-check/" target="_blank">TurboTax Help</A>.</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;</SPAN></SPAN></P> Thu, 28 Jan 2021 18:32:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838012#M172161 JamesG1 2021-01-28T18:32:47Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838308#M172203 <P>Do you have any suggestions for this situation: Filing with two dependents this year, but only had one last year due to a custody agreement with the other parent. TurboTax says I am owed $1100 for my second dependent but that payment went to the other parent. Is there a way to override this so that I don't get sent money that I have to repay with penalties later?</P><P>&nbsp;</P> Thu, 28 Jan 2021 19:29:54 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838308#M172203 robinl4415 2021-01-28T19:29:54Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838558#M172237 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">There is one quirk in the stimulus package, divorced parents get to double dip. This means that you do qualify for the stimulus. See&nbsp;<A href="https://www.irs.gov/coronavirus/economic-impact-payments" target="_blank">Economic Impact Payments</A></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><LI-USER uid="1293423" login="robinl4415"></LI-USER></SPAN></SPAN></P> Thu, 28 Jan 2021 20:17:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838558#M172237 AmyC 2021-01-28T20:17:47Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838748#M172263 <P>Yes I know I put in the amount I received but because they went off my 2018 taxes they didn't give me the right amount my son was born October 2019. So I should be getting $1,100 for him but cant because its saying that I received the right amount when even the IRS is saying I didnt. And no one that i have talked to on this turbotax knows how to do it i guess.</P> Thu, 28 Jan 2021 20:49:27 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838748#M172263 Florenceann0 2021-01-28T20:49:27Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838823#M172274 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">I played with the program. I added a dependent for 2019 and put in the amounts received. The<STRONG> refund went up</STRONG> and the program still said<U> I had received the right amount.</U> Please take a look at your actual return, line 30 and see if the program added it to yours like it did to mine. See&nbsp;<A href="https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160" target="_blank">How do I preview my TurboTax Online return before filing?</A></SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><LI-USER uid="3017320" login="Florenceann0"></LI-USER></SPAN></SPAN></P> Thu, 28 Jan 2021 21:03:31 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838823#M172274 AmyC 2021-01-28T21:03:31Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1842561#M172706 <P>I am having the exact same problem. I am missing 1100 due to my son being born in 2019 but the IRS used my 2018 return for both Stimulus checks.</P><P>For some reason Turbotax says It looks right even though both 2019 and 2020 returns have 2 dependents listed.</P><P>I'm thinking this is a TT issue.</P> Fri, 29 Jan 2021 19:20:01 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1842561#M172706 Eddthe 2021-01-29T19:20:01Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1843989#M172868 <P>Please take a look at your actual return, line 30 and see if the program added the stimulus&nbsp;to your return&nbsp;regardless of the words on the screen. There is a mismatch. See&nbsp;<A href="https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160" target="_blank">How do I preview my TurboTax Online return before filing?</A></P> <P>&nbsp;</P> <P><LI-USER uid="3029131" login="Eddthe"></LI-USER></P> Fri, 29 Jan 2021 23:48:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1843989#M172868 AmyC 2021-01-29T23:48:47Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844485#M172921 <P>Yes it definitely is turbotax issue because I just tried in another tax website and had no problem getting the form and seeing it. But not here can't see/get the form. And of course the people that call ya are worthless and say oh do this do that and still NOTHING! I have checked and checked and nothing. So its definitely turbotax.&nbsp;</P> Sat, 30 Jan 2021 02:02:31 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844485#M172921 Florenceann0 2021-01-30T02:02:31Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844678#M172950 <P>So I was able to see my return but nothing on line 30. When it should be $1,100.&nbsp;</P><P>&nbsp;</P><P><LI-USER uid="81402"></LI-USER>&nbsp;</P> Sat, 30 Jan 2021 03:09:11 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844678#M172950 Florenceann0 2021-01-30T03:09:11Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844705#M172955 <P>Is one of your dependents not eligible&nbsp;(17 or older as of Dec 31)?&nbsp; &nbsp;I have seen this issue occur when a taxpayer received the stimulus for a child that was not eligible but also had a newborn that did qualify but received no payment for.&nbsp; &nbsp;And because the amount received was technically correct, the credit does not appear.&nbsp; &nbsp;<LI-USER uid="3017320" login="Florenceann0"></LI-USER></P> Sat, 30 Jan 2021 03:22:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844705#M172955 DawnC 2021-01-30T03:22:47Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1846249#M173117 <P>Dependents are 1 and 4 and are included on this return and 2019</P><P>I can edit the values to make it correct but TT is incorrect</P> Sat, 30 Jan 2021 17:42:39 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1846249#M173117 Radwaste50 2021-01-30T17:42:39Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1849994#M173575 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">TurboTax initially calculates this based on the prior year tax return, but it does require you to report what has been received so far.&nbsp;</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">Just to make sure you are reporting this in the expected section, you will need to be&nbsp;at the end of&nbsp;<STRONG>Other Tax Situations</STRONG>, first.</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">&nbsp;</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">&nbsp;To get there in TurboTax Online, follow these steps:</SPAN></SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">In your return, click the&nbsp;<STRONG>Other Tax Situations</STRONG>&nbsp;tab toward the top of the page</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Scroll down to the end and click&nbsp;<STRONG>Let's keep going</STRONG>&nbsp;(in <STRONG>CD/Download</STRONG>,&nbsp;click <STRONG>Done with Other</STRONG>)</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">At<STRONG>&nbsp;Let's make sure you got the right stimulus amount</STRONG>,&nbsp;click&nbsp;<STRONG>Continue</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Be sure to report an amount for each of the stimulus payments as received.&nbsp;<EM>If the particular payment was not received at all,&nbsp;enter&nbsp;0&nbsp;</EM>and click&nbsp;<STRONG>Continue</STRONG></SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">For more information, please refer to:&nbsp;</SPAN><A href="https://www.irs.gov/coronavirus/second-eip-faqs" target="_blank">Questions and Answers about the Second Economic Impact Payment</A><SPAN style="color:#2d3338">&nbsp;which is still getting updates.&nbsp;</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">&nbsp;</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">To check your payment status with the IRS, go to:&nbsp;</SPAN><A href="https://www.irs.gov/coronavirus/economic-impact-payments" target="_blank">Get My Payment Link</A><SPAN style="color:#2d3338">.&nbsp;</SPAN></SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><LI-USER uid="2981244" login="Radwaste50"></LI-USER></SPAN></SPAN></P> Sun, 31 Jan 2021 15:28:06 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1849994#M173575 KathrynG3 2021-01-31T15:28:06Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889651#M178180 <P>Turbo Tax is not calculating the Recovery Tax Credit correctly.&nbsp; I have confirmed this with two different returns.&nbsp; One where AGI for 2019 exceeded $75K, but was below $75K in 2020.&nbsp; Another where AGI qualified in 2019, but not in 2020.&nbsp; When will this be corrected?&nbsp; If necessary, can I override the amount in forms view?</P> Mon, 08 Feb 2021 13:15:21 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889651#M178180 Kurt8 2021-02-08T13:15:21Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889659#M178182 <BLOCKQUOTE><HR /><LI-USER uid="2764390"></LI-USER>&nbsp;wrote:<BR /> <P>Turbo Tax is not calculating the Recovery Tax Credit correctly.&nbsp; I have confirmed this with two different returns.&nbsp; One where AGI for 2019 exceeded $75K, but was below $75K in 2020.&nbsp; Another where AGI qualified in 2019, but not in 2020.&nbsp; When will this be corrected?&nbsp; If necessary, can I override the amount in forms view?</P> <HR /></BLOCKQUOTE> <P>TurboTax calculates the Recovery Rebate Credit using the IRS Recovery Rebate Credit Worksheet.&nbsp; The credit is based on the 2020 federal tax return information and the 2020 AGI on the 2020 Form 1040 Line 11.&nbsp; Any eligible credit is entered on Form 1040 Line 30.</P> <P>Go to IRS Form 1040 (2020) Instructions page 59 for the Recovery Rebate Credit Worksheet -&nbsp;<A href="https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=59" target="_blank">https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=59</A></P> Mon, 08 Feb 2021 13:19:23 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889659#M178182 DoninGA 2021-02-08T13:19:23Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889715#M178189 <P>I have gone to the IRS worksheet.&nbsp; It reinforces that Turbo Tax is calculating the credit incorrectly.&nbsp; Y'all need to up your game.</P> Mon, 08 Feb 2021 13:40:44 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889715#M178189 Kurt8 2021-02-08T13:40:44Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889728#M178192 <BLOCKQUOTE><HR /><LI-USER uid="2764390"></LI-USER>&nbsp;wrote:<BR /> <P>I have gone to the IRS worksheet.&nbsp; It reinforces that Turbo Tax is calculating the credit incorrectly.&nbsp; Y'all need to up your game.</P> <HR /></BLOCKQUOTE> <P>Where is it calculating the credit incorrectly?&nbsp; Line number on the worksheet?</P> <P>TurboTax has processed 100's of thousands 2020 federal tax returns without any systemic issues with the Recovery Rebate Credit.&nbsp; Why do you think yours is incorrect since the same worksheet is in the TurboTax software as is shown on the IRS Form 1040 Instructions.</P> Mon, 08 Feb 2021 13:43:40 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889728#M178192 DoninGA 2021-02-08T13:43:40Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889767#M178195 <P>It is now calculating correctly.&nbsp; The updates helped and on one return, the social security number was off by a digit.</P> Mon, 08 Feb 2021 14:01:14 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889767#M178195 Kurt8 2021-02-08T14:01:14Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895362#M178821 <P>This is my situation, too.&nbsp; MFJ with 2019 AGI under threshold, never received either of the $1200 stimulus checks, DID receive the 2 @ $600 within a week or 2 of law passage.&nbsp; Had to search for Recov Rebate Cr form, had to override everything and the form still has an un-deletable Note at the Bottom referring to our 2020 AGI (to high to qualify).&nbsp; Overriding seems to work, but shouldn't need to.&nbsp; I didn't use TurboTax in 2019 (used Drake), and spent literally over an hour with TT Support whose only ultimate advice was to wait until 2/12, when the "final" Turbotax update will come out and this should be fixed.&nbsp; The $1200/2400 payments in the Spring of 202 are based on 2019 income, NOT 2020.&nbsp; There is debate about what the payments of $600 are based on, and some reporting that if your 2020 income is disqualifying but 2019 was not, you should delay filing.&nbsp; Right now, wondering if I should have stuck with Drake.</P> Tue, 09 Feb 2021 14:38:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895362#M178821 JeffP_MA 2021-02-09T14:38:47Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895389#M178826 <P><LI-USER uid="3163252"></LI-USER>&nbsp;The stimulus payments are an advance tax credit based on the 2020 federal tax return.</P> <P>The Recovery Rebate Credit Worksheet used by TurboTax and any other tax preparation software is the same worksheet as required by the IRS to calculate the tax credit.&nbsp; The worksheet requires the use of the 2020 AGI from Form 1040 Line 11.</P> <P>Go to IRS Form 1040 (2020) Instructions page 59 for the Recovery Rebate Credit Worksheet -&nbsp;<A href="https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=59" target="_blank">https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=59</A></P> Tue, 09 Feb 2021 14:46:07 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895389#M178826 DoninGA 2021-02-09T14:46:07Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895517#M178848 <P><LI-USER uid="113"></LI-USER>&nbsp;Unfortunately, I think you are right.&nbsp; <span class="lia-unicode-emoji" title=":loudly_crying_face:">😭</span></P><P>The reporting has been consistent that if your 2020 Income is over the threshold and your 2019 was under, you will not&nbsp; be required to return any of the payment you received in 2020, but I never received the CARES Act credit in 2020 (and it is seemingly precluded from being paid or credited after 2020 by Code section 6428(g)(3)) so I am . .&nbsp; SOL.&nbsp; That'll teach me to rely on "reporting" in the popular press.</P> Tue, 09 Feb 2021 15:18:45 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895517#M178848 JeffP_MA 2021-02-09T15:18:45Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2075371#M195078 <P>We're having a problem also but with a different twist on the credit calculation. We got the first stimulus payment before we filed our 2019 return and therefore it was based on our 2018 AGI&nbsp; The second stimulus, of course, was based on my 2019 AGI.&nbsp; For both tax years we were over 150K threshold but only in 2018 was the AGI low enough to require a proration of the stimulus amount. Apparently, TT is using 2018 AGI to calculate that a prorated amount should have been paid for the second stimulus. How do we get rid of the erroneous credit that TT is showing on our 2020 return?</P> Sat, 13 Mar 2021 23:05:43 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2075371#M195078 rolph 2021-03-13T23:05:43Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2078864#M195360 <P>The Recovery Rebate Credit on your 2020 tax return is based only on the information in your 2020 tax return.&nbsp; The AGI on your 2020 tax return is correctly&nbsp;being used for the calculations.&nbsp; If your 2020 AGI is between $150,000 and $200,000, the stimulus amounts for both rounds one and two are using the same proration (2020 AGI).&nbsp; That prorated amount is then reduced by any payments you actually received in rounds one and/or two to arrive at the credit due to you and added to your 2020 tax return.&nbsp;</P> <P>&nbsp;</P> <P>The prior year AGIs were only used for rounds one and two because those were the returns available; they were actually advances to the Recovery Rebate Credit.&nbsp; The stimulus payments were always meant to be based on 2020 tax returns.&nbsp;&nbsp;</P> <P>&nbsp;</P> <P>Here is <A href="https://www.irs.gov/newsroom/recovery-rebate-credit-frequently-asked-questions" target="_blank">a link</A> with more information on the Recovery Rebate Credit.</P> <P>&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;&nbsp;</P> Sun, 14 Mar 2021 18:33:38 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2078864#M195360 DMarkM1 2021-03-14T18:33:38Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117531#M198740 <P>You calculated both my adult children's incorrectly. They both got significantly reduced refunds stating the amount on line 30 was calculated incorrectly. We depend on your service to get it right so what happened?</P> Sun, 21 Mar 2021 19:26:56 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117531#M198740 kimberlyc3636 2021-03-21T19:26:56Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117618#M198745 <P><LI-USER uid="3884749"></LI-USER>&nbsp; &nbsp;If the IRS adjusted their refund after they filed because Line 30 was incorrect it means that the IRS records didn't match what was reported on the return to be the amount already received for that taxpayer.&nbsp;&nbsp;</P><P>&nbsp;</P><P>This happened a lot to early filers who indicated they didn't receive the $600 second payment, and then the payment was received after the return was filed.&nbsp; &nbsp;The IRS then reduces the refund by this amount, because they show that they already sent it.&nbsp;</P><P>&nbsp;</P><P>If they didn't receive the payment (lost in the mail, etc., they should request a&nbsp;<EM>refund trace</EM>)&nbsp;&nbsp;<A href="https://www.google.com/search?q=how+to+request+a+refund+trace+IRS&amp;rlz=1C1CHBF_enUS906US906&amp;oq=how+to+request+a+refund+trace+IRS&amp;aqs=chrome..69i57j33i22i29i30l9.3916j0j7&amp;sourceid=chrome&amp;ie=UTF-8&nbsp;" target="_blank">https://www.google.com/search?q=how+to+request+a+refund+trace+IRS&amp;rlz=1C1CHBF_enUS906US906&amp;oq=how+to+request+a+refund+trace+IRS&amp;aqs=chrome..69i57j33i22i29i30l9.3916j0j7&amp;sourceid=chrome&amp;ie=UTF-8&nbsp;</A></P><P>&nbsp;</P><P>The program doesn't have an issue with this calculation, but there is a lot of confusion about how it is supposed to work.&nbsp;&nbsp;</P> Sun, 21 Mar 2021 19:48:12 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117618#M198745 annajoe803 2021-03-21T19:48:12Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117706#M198750 <P>Thanks for your reply. They had received all of the stimulus payments they were supposed to before I filed and I did report this, so I'm not sure what happened.&nbsp;</P><P>&nbsp;</P> Sun, 21 Mar 2021 20:05:57 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117706#M198750 kimberlyc3636 2021-03-21T20:05:57Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117826#M198760 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><LI-USER uid="3884749" login="kimberlyc3636"></LI-USER></SPAN></SPAN></P> <P><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="font-size:14px">If a taxpayer received&nbsp;all the stimulus payments they were supposed to receive before filing, then the&nbsp;payment in the form of a <U>Recovery Rebate Credit</U> on line 30 of your 2020 Federal tax return should be $0.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="font-size:14px">The IRS reduced the refund by the amount over $0&nbsp;because <U>stimulus payment 1</U>&nbsp;and/or <U>stimulus payment 2</U> had already been issued by the IRS and received by the taxpayer.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="font-size:14px">&nbsp;If you didn’t get a first or second &nbsp;payment or got less than the full amounts, you may qualify for the 2020&nbsp;<A href="https://www.irs.gov/newsroom/recovery-rebate-credit" target="_blank">Recovery Rebate Credit</A>&nbsp;and must file a 2020 tax return even if you do not&nbsp;normally file.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="font-size:14px">You may review the 2020 Federal 1040 tax return line 30 to see whether a <U>Recovery Rebate Credit</U> had been requested.</SPAN></SPAN></P> Sun, 21 Mar 2021 20:30:43 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117826#M198760 JamesG1 2021-03-21T20:30:43Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2132113#M199935 <P>So technically we were supposed to put both payments in there even if the second stimulus was not received until 2021?&nbsp;<BR /><BR /></P><P>I did not put my second stimulus in there thinking I would have to put it in when I file next year. The IRS said I had calculated incorrectly, amended my return by the credit the software added into my return and changed my refund amount. I am okay with this, but now I have not received the stimulus when my bank has already received their funds. So now, I guess I have been flagged by IRS and won’t receive the stimulus. <span class="lia-unicode-emoji" title=":confused_face:">😕</span></P> Thu, 25 Mar 2021 02:12:04 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2132113#M199935 Mnmpepper 2021-03-25T02:12:04Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2132234#M199942 <P>if you believe the Bank received your 2nd stimulus and you did not get the credit, suggest taking that up with the Bank</P> Thu, 25 Mar 2021 03:04:45 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2132234#M199942 NCperson 2021-03-25T03:04:45Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2135595#M200230 <P>I'm sorry but I don't understand what you're trying to say. They received all stimulus payments and this was noted on the tax return but the refund was calculated as if it was never received. This was in my son's case.&nbsp;</P> Fri, 26 Mar 2021 00:37:26 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2135595#M200230 kimberlyc3636 2021-03-26T00:37:26Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2135685#M200237 <P><LI-USER uid="3884749"></LI-USER>&nbsp;- let's test the theory that "the refund was calculated as if the stimulus was never received."</P><P>&nbsp;</P><P>please answer the following:</P><P>&nbsp;</P><P>1) how much was ACTUALLY received for each of the first TWO stimulus payments.&nbsp; And please confirm those amounts were entered into TT.</P><P>2) what is shown on Line 30 of Form 1040?</P><P>3) what is shown on Line 35a of Form 1040?&nbsp;</P><P>4) how much was the actual refund that was received?</P><P>&nbsp;</P><P>from that information I think the two of us can get to 'common ground' of what each is trying to say to each other and where the problem lies.&nbsp;</P> Fri, 26 Mar 2021 01:26:33 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2135685#M200237 NCperson 2021-03-26T01:26:33Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136366#M200296 <P><LI-USER uid="3244793"></LI-USER>&nbsp;</P><P>This happened to us. We received the second stimulus after we filed and the irs amended our return. However we have yet to receive third stimulus (our bank has received the deposits) and I’m wondering if this has something to do with it.&nbsp;</P> Fri, 26 Mar 2021 11:24:52 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136366#M200296 Mnmpepper 2021-03-26T11:24:52Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136372#M200298 <P>the IRS is still sending out the 3rd stimulus......they are not done yet.&nbsp;</P><P>&nbsp;</P><P>if the Bank received the money (how do you know that?), they are required to credit your account within 2 days.&nbsp;&nbsp;</P><P>&nbsp;</P><P>suggest contacting the Bank&nbsp;</P> Fri, 26 Mar 2021 11:27:29 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136372#M200298 NCperson 2021-03-26T11:27:29Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136930#M200336 <P><LI-USER uid="19147"></LI-USER>&nbsp;Yes I’m aware they are still processing, but it just seems weird my family and friends have received theirs (we all bank at the same credit union is how I know). The IRS has said we qualify via the tracker) but has not processed any payments and I will get a notification in the mail.</P><P>I am of course assuming based on the coincidence that I have not had any issues prior and now that my return was amended based on the credit I had received in the TT software, that I have been flagged for whatever reason.&nbsp;<BR />But maybe when I got my notification via the mail, I will understand more.</P><P>Thanks for your input!&nbsp;</P> Fri, 26 Mar 2021 14:42:53 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136930#M200336 Mnmpepper 2021-03-26T14:42:53Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2151767#M201630 <P>Same problem here. I had a baby on 2020 and TT keeps saying that its correct for 1st and 2nd stimulus checks.</P><P>&nbsp;</P><P>Anybody has this problem solved??</P> Tue, 30 Mar 2021 16:48:40 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2151767#M201630 josekalifornia 2021-03-30T16:48:40Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2151871#M201638 <P><LI-USER uid="3973571" login="josekalifornia"></LI-USER> your eligibility phases out with 2020 adjusted gross income beginning at $150,000 and being phased out completely at $160,000.</P> <P>&nbsp;</P> <P><A href="https://www.irs.gov/newsroom/recovery-rebate-credit-topic-b-eligibility" target="_blank">Eligibility for Recovery Rebate Credit (see Q B1)</A></P> Tue, 30 Mar 2021 17:08:44 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2151871#M201638 JeffreyR77 2021-03-30T17:08:44Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152042#M201652 <P><LI-USER uid="3973571"></LI-USER>&nbsp;-&nbsp;</P><P>&nbsp;</P><P>1) how much was your first stimulus payment</P><P>2) how much was your second stimulus payment</P><P>3) was your income above or below $150,000 (I assume you filed joint )</P><P>4) how many children under the age of 16 do you have as of 12.31.<FONT color="#FF6600"><STRONG>20</STRONG></FONT>?</P><P>5) what is on Line 30 of Form 1040?&nbsp;</P><P>&nbsp;</P><P>from that I can figure out what occurred and whether you are owed more or not</P><P>&nbsp;</P><P>&nbsp;</P> Tue, 30 Mar 2021 17:41:48 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152042#M201652 NCperson 2021-03-30T17:41:48Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152335#M201680 <P>2,900 for 2 and 1 child.</P><P>1,800 for 2 and 1 child.</P><P>Below 150,000 (yes, jointly)</P><P>2 children</P><P>Line 30 is blank.</P> Tue, 30 Mar 2021 18:44:35 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152335#M201680 josekalifornia 2021-03-30T18:44:35Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152340#M201681 <P>It's below $150,000</P> Tue, 30 Mar 2021 18:45:20 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152340#M201681 josekalifornia 2021-03-30T18:45:20Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152668#M201719 <P><LI-USER uid="3973571"></LI-USER>&nbsp;- okay, so that tells me there is something incorrect with the way you entered the new born</P><P>&nbsp;</P><P>most common issue - there is a question about how many months the child lived with you. You are to answer "the whole year" - even if the child was born on Dec 31!!!!!&nbsp;</P><P>also, there is an oddly worded question about support; you are to answer NO, the child did not provide more than 50% of his own support,</P><P>if that doesn't fix it, delete the child and reenter and SLOWLY answer the questions and entering the date of birth and social security number correctly.</P><P>you should have $1100 on Line 30.</P><P>&nbsp;</P><P>post back and let's see where we are.&nbsp;</P> Tue, 30 Mar 2021 19:57:32 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152668#M201719 NCperson 2021-03-30T19:57:32Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152706#M201720 <P>That worked!!! I put whole year and that's it!!</P><P>&nbsp;</P><P>Thank you so much!!!</P><P>&nbsp;</P><P>Do you know how to do it for the 3rd stimulus check?</P><P>&nbsp;</P><P>&nbsp;</P> Tue, 30 Mar 2021 20:10:17 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152706#M201720 josekalifornia 2021-03-30T20:10:17Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152760#M201722 <P>so one of two things is going to occur for the 3rd stimulus for the new born</P><P>&nbsp;</P><P>1) the IRS will process your 2020 return and notice the newborn and issue the $1400 shortly thereafter</P><P>2) you don't receive the $1400 this year and will see the $1400 on Line 30 on the 2021 tax return.</P><P>&nbsp;</P><P>either way, you are entitled to the money, it's just an unknown how you will receive it....every parent with a newborn in 2020 that is filing now is in the same boat, so it's a pretty big boat!&nbsp;&nbsp;</P><P>&nbsp;</P><P>the 3rd stimulus is NOT part of the 2020 tax return, so you won't see it anywhere on this year's return.</P> Tue, 30 Mar 2021 20:21:25 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152760#M201722 NCperson 2021-03-30T20:21:25Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152867#M201733 <P>Ok.</P><P><BR />Thank you so much for the help!!!</P><P>&nbsp;</P><P>take care!</P> Tue, 30 Mar 2021 20:44:46 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152867#M201733 josekalifornia 2021-03-30T20:44:46Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184583#M204404 <P>I wish I would have known that and that I wasn't given the wrong advice by a turbo tax expert when I filed my taxes February 10th 2020.</P><P>My ex wife claimed my son in 2019 and got both stimulus checks for him but I claimed him in 2020 and when I was doing my taxes on turbotax.com I was confused as to why I was getting the 1,100 credit so I called a turbo tax expert and they told me to add my sons stimulus money to each of my payments and so I did and now I find out that I shouldn't have done that (which I later read on the irs website) and that I should have put the correct information in there. Now what do I do because if I&nbsp; amend my taxes it looks like I lied to them. Please someone help me with this situation. Thank you <span class="lia-unicode-emoji" title=":smiling_face_with_smiling_eyes:">😊</span>&nbsp;</P> Fri, 09 Apr 2021 05:55:08 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184583#M204404 Jtortora70 2021-04-09T05:55:08Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184694#M204411 <P>did you receive your refund yet? it is possible the IRS finds the error.</P><P>&nbsp;</P><P>if you've received your refund and the IRS didn't find it, then yes, amend!&nbsp;</P><P>&nbsp;</P><P>the way these stimulus payments and recovery credits worked, it is true that for divorced parents who alternate claiming their child each year, one parent can receive the stimulus for that child while the other gets the Recovery Credit on Line 30.&nbsp; &nbsp;So one child can be worth two payments, and that is all perfectly legal.&nbsp;</P><P>&nbsp;</P><P>the same thing is going to occur for Stimulus 3.....&nbsp;</P><P>&nbsp;</P><P>they are not going to think you lied; you just made an honest mistake. it happens.&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P> Fri, 09 Apr 2021 10:03:39 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184694#M204411 NCperson 2021-04-09T10:03:39Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184706#M204413 <P>I appreciate your help with this. The thing that bothers me is I added money to both my stimulus payments on my 1040 and that was advice I was given from a tax expert with turbo tax and so that would be the only way to explain why I would say I got the payments when in reality I didn't, which in turn is the truth. I called a turbo tax expert 2 times since finding this out and one said that it was the right thing to do another wasn't sure and the 3ed put me on hold and never came back to the call. I have used turbo tax for years now and never a problem and yes this is all new I get that but if the irs website issues rules for taxes online I would think the tax experts would learn about so they could be of better help to their customers. I've never amended my taxes before so I pray I get it right.</P><P>Yes I already did my taxes and got my return back...</P> Fri, 09 Apr 2021 10:23:12 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184706#M204413 Jtortora70 2021-04-09T10:23:12Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196017#M205469 <P>This is right out of the 1040 instructions.&nbsp; I clearly states rounds 1 and 2 of the economic impact payments were based off of 2018 or 2019 income.&nbsp; The third round called the recovery rebate credit payment is based off the 2020 income.&nbsp; So TT is calculating incorrectly, and needs a fix.</P><P>&nbsp;</P><P>Line 30<BR />Recovery Rebate Credit<BR />The recovery rebate credit was paid out<BR />to eligible individuals in two rounds of<BR />advance payments called economic impact payments. The economic impact<BR />payments were based on your 2018 or<BR />2019 tax year information. The recovery<BR />rebate credit is figured like the economic<BR />impact payments except that the credit<BR />eligibility and the credit amount are<BR />based on your 2020 tax year information. If you didn’t receive the full<BR />amount of the recovery rebate credit as<BR />economic impact payments, you may be<BR />able to claim the recovery rebate credit<BR />on your 2020 Form 1040 or 1040-SR.</P> Mon, 12 Apr 2021 20:45:52 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196017#M205469 bobbyBE 2021-04-12T20:45:52Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196052#M205472 <P><LI-USER uid="4087597"></LI-USER>&nbsp;TurboTax is calculating the Recovery Rebate Credit correctly, directly out of the Recovery Rebate Credit worksheet as shown on the Form 1040 instructions page 58 -&nbsp;<A href="https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=58" target="_blank">https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=58</A></P> <P>&nbsp;</P> <P>The third stimulus payment is not part of the 2020 federal tax return.&nbsp; It is paid directly by the IRS who controls when and if the payment is distributed.</P> <P>Go to this IRS website for the third stimulus payment -&nbsp;<A href="https://www.irs.gov/coronavirus/third-economic-impact-payment" target="_blank">https://www.irs.gov/coronavirus/third-economic-impact-payment</A></P> Mon, 12 Apr 2021 20:52:05 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196052#M205472 DoninGA 2021-04-12T20:52:05Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196084#M205475 <P>The Recovery Rebate is based off of 2020 income.&nbsp; &nbsp;The ADVANCE payments used either 2018 or 2019 tax data, but the payments are reconciled on the 2020 tax return.&nbsp; &nbsp;You posted this above&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; '''The recovery<BR /> rebate credit is figured like the economic<BR /> impact payments except that the credit<BR /> eligibility and the credit amount are<BR /> <SPAN style="color:#2ecc71"><U>based on your 2020 tax year information</U></SPAN>. If you didn’t receive the full<BR /> amount of the recovery rebate credit as<BR /> economic impact payments, you may be<BR /> able to claim the recovery rebate credit<BR /> on your 2020 Form 1040 or 1040-SR.''&nbsp; &nbsp;<LI-USER uid="4087597" login="bobbybruni"></LI-USER></P> <P>&nbsp;</P> <P>If you received too much, you don't have to pay it back, but you won't get extra if you do not qualify based on your 2020 income.&nbsp; &nbsp;</P> Mon, 12 Apr 2021 20:57:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196084#M205475 DawnC 2021-04-12T20:57:47Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196562#M205509 <P>Bobby - I will add to the crowd.... the calculations are based on the 2020 tax return based on your income, filing status and dependents under the age of 17 LESS whatever you received for the first two stimulus payments, but not less than zero.&nbsp; that results ends up on Line 30</P><P>&nbsp;</P><P>what was on the 2018 and 2019 tax returns doesn't matter as that was just used as an estimate to get money to everyone.&nbsp;&nbsp;</P><P>&nbsp;</P><P>Similarly, while the 3rd stimulus is based on the 2020 tax return (or 2019), what will matter is the 2021 tax return for income, filing status and dependents (age won't matter) LESS what you received for the 3rd stimulus, but not less than zero.&nbsp;&nbsp;that results ends up on Line 30</P> Mon, 12 Apr 2021 22:31:49 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196562#M205509 NCperson 2021-04-12T22:31:49Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2210345#M206777 <P>Here's another twist: &nbsp;What if you qualified for the stimulus based on 2019 AGI but not 2020 and filed 2019 taxes on time but IRS never processed them or lost them (cashed check so know they received them). &nbsp;Never received $600 second stimulus check or third $1400 check and unable to claim back $600 on 2020 taxes since Rebate Recovery bases off of 2020 income. &nbsp; Only way to do this is to override form calculations. &nbsp;Any suggestions or is it just bad luck and timing?</P> Fri, 16 Apr 2021 14:49:33 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2210345#M206777 FL0404 2021-04-16T14:49:33Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2210526#M206795 <P>How can you over ride the calculation??</P> Fri, 16 Apr 2021 15:49:00 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2210526#M206795 bobbyBE 2021-04-16T15:49:00Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211073#M206832 <P>@denmar0404 You have a couple of issues.</P> <P>&nbsp;</P> <P>2019 taxes, you said check cashed but no stimulus received. That implies that you mailed your taxes, they cashed the check and have not processed the 2019 return in time for you to qualify for the second stimulus</P> <P>&nbsp;</P> <P>2020 taxes and income used to determine if you qualify for missed stimulus. If your income is too high in 2020, you do not get the missed stimulus.&nbsp;</P> <P>&nbsp;</P> <P>It does no good to try and override and change what is not allowed, The IRS cross checks every return for stimulus received, income, etc. You will not get what you are not entitled to, regardless of what you do to the forms.&nbsp; &nbsp; &nbsp; <LI-USER uid="4087597" login="bobbyBE"></LI-USER></P> Fri, 16 Apr 2021 18:41:58 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211073#M206832 AmyC 2021-04-16T18:41:58Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211438#M206851 <P>Thanks for your response but not understanding why I am not entitled to the stimulus. It was only because the IRS was slow in processing that I didn’t. If my return was processed in a timely manner I would have received it. Are you saying I am totally out of luck?</P> Fri, 16 Apr 2021 20:31:53 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211438#M206851 FL0404 2021-04-16T20:31:53Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211469#M206854 <P class="p1"><SPAN class="s1">Sorry yes. &nbsp; if you do not qualify for the Recovery Rebate Credit because of your 2020 tax situation then you will not be able to get the missed stimulus payment.</SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">See IRS question Q B3 here, Change in Eligibility </SPAN></P><P class="p3"><SPAN class="s1"><A href="https://www.irs.gov/newsroom/recovery-rebate-credit-topic-b-eligibility" target="_blank">https://www.irs.gov/newsroom/recovery-rebate-credit-topic-b-eligibility</A></SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">The Recovery rebate credit is really based on your 2020 AGI, not 2019 or 2018.<SPAN class="Apple-converted-space">&nbsp; </SPAN>See my posts on this one.<SPAN class="Apple-converted-space">&nbsp; </SPAN>I found a couple IRS links that say if you don't qualify<SPAN class="Apple-converted-space">&nbsp; </SPAN>for more based on 2020 and you don't have to pay it back if you got too much.</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://ttlc.intuit.com/community/tax-credits-deductions/discussion/recovery-rebate-tax-credit/00/1764421/page/2" target="_blank">https://ttlc.intuit.com/community/tax-credits-deductions/discussion/recovery-rebate-tax-credit/00/1764421/page/2</A></SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">And see the employee expert answer here</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://ttlc.intuit.com/community/taxes/discussion/recovery-rebate-credit-stimulus-incorrect/00/1942655" target="_blank">https://ttlc.intuit.com/community/taxes/discussion/recovery-rebate-credit-stimulus-incorrect/00/1942655</A></SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">She said......</SPAN></P><P class="p1"><SPAN class="s1">If you do not qualify for the Recovery Rebate Credit because of your 2020 tax situation then you will not be able to get the missed stimulus payment.</SPAN></P> Fri, 16 Apr 2021 20:40:50 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211469#M206854 VolvoGirl 2021-04-16T20:40:50Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211668#M206865 <P><LI-USER uid="4128580"></LI-USER>&nbsp;- I appreciate your question and the confusion over this issue.. On another thread I tried to bring some clarity to this in a 'tongue in cheek' method.... hopefully this will explain what really occurred and answer your question.&nbsp;</P><P>&nbsp;</P><P>I agree that it can be confusing and befuddling but Congress and the IRS had to do this in a rush - some "won" and some 'lost" because of the rush.&nbsp;&nbsp;</P><P>&nbsp;</P><P>The critical point is everything is based on the 2020 tax return, regardless of who got what and who received a check they should not have and who didn't receive a check they thought they should have (your case).&nbsp; that is the way the law was passed is the only true explanation.&nbsp;</P><P>&nbsp;</P><P>the conversation in March, 2020 between Congress and the IRS went something like this:</P><P>&nbsp;</P><P><STRONG>Congress</STRONG>: Send out $1200 to every taxpayer and base the calculation on the <STRONG>2020</STRONG> tax return</P><P><STRONG>IRS</STRONG>: but 2020 is not over yet, we don’t know what people will submit on their 2020 tax returns</P><P><STRONG>Congress</STRONG>: then use their 2019 tax return (and if that is not available use 2018) to determine the stimulus payments</P><P><STRONG>IRS</STRONG>: what happens if we send out this money and when we analyze the 2020 tax return we realize we sent too much?</P><P><STRONG>Congress</STRONG>: not to worry we will write the law so that if anyone gets more money than their&nbsp; 2020 tax return says they are entitled to, they won’t have to return it! Line 30 cannot be negative</P><P><STRONG>IRS:</STRONG> what happens if we make a mistake and don't send out money we should have?&nbsp;</P><P><STRONG>Congress</STRONG>: it doesn't matter.&nbsp; Remember what we stated: everything is really based on the 2020 tax return.&nbsp; There is no such thing as a 'mistake' for sending out too little because the real payment is based on the 2020 tax return in any event.</P><P><STRONG>IRS</STRONG>: Brilliant and Yes Sir, we will send out the checks.</P><P>&nbsp;</P><P>Then in December, 2020</P><P>&nbsp;</P><P><STRONG>Congress</STRONG>: do it again, same rules but use $600</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P><P>hope that helps!&nbsp;</P> Fri, 16 Apr 2021 21:52:49 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211668#M206865 NCperson 2021-04-16T21:52:49Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211679#M206868 <P><LI-USER uid="4087597"></LI-USER>&nbsp;- you can't and should not over ride the calculations.</P><P>&nbsp;</P><P>It will invalidate the TT guarentee.</P><P>The IRS will just correct it back to the correct calculation.]</P><P>&nbsp;</P><P>why would you want to override it?&nbsp;</P> Fri, 16 Apr 2021 21:56:32 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211679#M206868 NCperson 2021-04-16T21:56:32Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212627#M206923 <P>I don't believe that the irs is cross checking every return for the right stimulus amounts they gave out because like I said in my other post, I only received stimulus money for myself the first 2 rounds but put in the extra amounts for my son through guidance from turbo tax and they accepted my return and sent out my return in 2 weeks. Had they checked it they would have seem the mistake or maybe they left it that way so they wouldn't have to give me the extra 1,100 I'm entitled to.&nbsp;</P><P>I still haven't amended my return yet. Not totally sure how to do it and if the irs is going to accept it since I gave them wrong amounts which I added money so that doesn't look good on my end.&nbsp;</P><P>Any advice would be appreciated&nbsp;</P> Sat, 17 Apr 2021 10:50:45 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212627#M206923 Jtortora70 2021-04-17T10:50:45Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212646#M206924 <P><LI-USER uid="4056357"></LI-USER>&nbsp;- I've learned more about how the IRS is dealing with Line 30 since posting a week ago</P><P>&nbsp;</P><P>Let's say Line 30 is overstated, and that can occur when someone UNDERSTATES the stimulus payments they received, the IRS is adjusted and correcting those returns before sending out the refunds.&nbsp;</P><P>&nbsp;</P><P>HOWEVER,&nbsp;</P><P>&nbsp;</P><P>Let's say Line 30 is understated, and that can occur when someone OVERSTATES the stimulus payments they received, the IRS is doing NOTHING.&nbsp; The only way to get this corrected is via an amendment.&nbsp; This appears to be your situation!&nbsp; If I follow correctly, you entered more stimulus than you actually received in a misguided effort to reduce Line 30 to zero, thinking you were not entitled to the money, when you really are!</P><P>&nbsp;</P><P>this FAQ is from the IRS website.....</P><P>&nbsp;</P><DIV class="collapsible-item-heading panel-heading"><H4><A href="https://www.irs.gov/newsroom/2020-recovery-rebate-credit-topic-g-correcting-issues-after-the-2020-tax-return-is-filed#collapseCollapsible1616445695482" target="_blank" rel="noopener">Q G1. I'm eligible for a 2020 Recovery Rebate Credit but did not claim it on my 2020 tax return. Do I need to amend my 2020 tax return? (added March 1, 2021)</A></H4></DIV><DIV class="collapsible-item-collapse panel-collapse collapse in"><DIV class="table-responsive"><DIV class="collapsible-item-body panel-body"><P class="visually-hidden">&nbsp;</P><P>A1. If you didn't claim the credit on your original tax return, you will need to file an<SPAN>&nbsp;</SPAN><A title="About Form 1040-X, Amended U.S. Individual Income Tax Return" href="https://www.irs.gov/forms-pubs/about-form-1040x" target="_blank" rel="noopener">Amended U.S. Individual Income Tax Return, Form 1040-X</A>. <FONT color="#FF0000"><STRONG>The IRS will not calculate the 2020 Recovery Rebate Credit for you if you did not enter any amount on your original tax return.</STRONG></FONT></P><P>You can use the Interactive Tax Assistant,<SPAN>&nbsp;</SPAN><A title="Should I File an Amended Return?" href="https://www.irs.gov/help/ita/should-i-file-an-amended-return" target="_blank" rel="noopener">Should I File an Amended Return?</A>, to help determine if you should amend your original tax return.</P><P>If you need to file an amended return to claim the Recovery Rebate Credit, use the worksheet on page 59 of the<SPAN>&nbsp;</SPAN><A title="About Form 1040, U.S. Individual Income Tax Return" href="https://www.irs.gov/forms-pubs/about-form-1040" target="_blank" rel="noopener">2020 instructions for Form 1040 and 1040-SR</A><SPAN>&nbsp;</SPAN>to determine the amount of your credit. Enter the amount on the Refundable Credits section of the 1040-X and include "Recovery Rebate Credit" in the Explanation of Changes section.</P><P>If you filed your 2020 return electronically and need to file an amended return, you may be able to file<SPAN>&nbsp;</SPAN><A title="About Form 1040-X, Amended U.S. Individual Income Tax Return" href="https://www.irs.gov/forms-pubs/about-form-1040x" target="_blank" rel="noopener">Form 1040-X</A><SPAN>&nbsp;</SPAN>electronically.</P><P>If you did not file your 2020 return electronically, you will need to submit a paper version of the Form 1040-X and should follow the instructions for preparing and mailing the paper form.</P><P>Those filing their Form 1040-X electronically or on paper can use the<SPAN>&nbsp;</SPAN><A title="Where's My Amended Return?" href="https://www.irs.gov/filing/wheres-my-amended-return" target="_blank" rel="noopener">Where's My Amended Return?</A><SPAN>&nbsp;</SPAN>online tool to check the status of their amended return.</P></DIV></DIV></DIV><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P> Sat, 17 Apr 2021 11:39:30 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212646#M206924 NCperson 2021-04-17T11:39:30Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212656#M206925 <P>Yes, that is correct. I was given misg information on how to go about the rebate when it came to claiming my son this year. Now I went to amend my taxes turbo tax is still not allowing me (or anyone) to do this yet. They still have the same post saying they are waiting for the irs for updates and said it would be a week and that was 2 weeks ago. Patience is a virtue for sure when it comes to taxes. Lol</P> Sat, 17 Apr 2021 11:52:06 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212656#M206925 Jtortora70 2021-04-17T11:52:06Z Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/tax/01/2221459#M207607 <P>I'm supposed to get $ 2000.back. There telling me I'm only getting $ 1800.00 back. I didn't get the $ 600. But I got 1400. Back &amp; $ 600. Equales $ 2000. Was something deducted.</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P> Tue, 20 Apr 2021 22:52:38 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/tax/01/2221459#M207607 Paupar58 2021-04-20T22:52:38Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221480#M207611 <P>The 600 was for the 2nd round Stimulus payment. &nbsp;You should have claimed it on your 2020 tax return. &nbsp;Check 1040 line 30 for it. &nbsp;What's on line 30?</P><P>&nbsp;</P><P>The 1,400 is the new 3rd one. &nbsp;It is not combined with the first 2. &nbsp;It comes separately and is not part of your tax return. &nbsp;</P><P>&nbsp;</P><P>So how much refund were you supposed to get on 1040 line 35a? &nbsp;Did they send you less? &nbsp;Do not include the 1400.</P> Tue, 20 Apr 2021 22:58:57 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221480#M207611 VolvoGirl 2021-04-20T22:58:57Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221487#M207612 <P>Sounds to me like your tax return was for 1800? &nbsp;That would be for both the 1st and 2nd rounds, 1200+600=1800. &nbsp;The 3rd 1400 is in addition to the 1800. &nbsp;</P> Tue, 20 Apr 2021 23:02:23 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221487#M207612 VolvoGirl 2021-04-20T23:02:23Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221490#M207613 <P>I field the 19 the of Feb. For the six hundred because I'm on Soc Sec.&nbsp;</P><P>&nbsp;</P> Tue, 20 Apr 2021 23:02:45 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221490#M207613 Paupar58 2021-04-20T23:02:45Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221497#M207614 <P>I haven't got the $ 600. Yet there telling me the total is $ 1800. That's not right unless something was deducted.</P> Tue, 20 Apr 2021 23:04:45 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221497#M207614 Paupar58 2021-04-20T23:04:45Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221503#M207615 <P>I got $ 1400. &amp; $ 600. Equales $2000.</P> Tue, 20 Apr 2021 23:06:31 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221503#M207615 Paupar58 2021-04-20T23:06:31Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221508#M207616 <P>Where's the $ 600. I'm still waiting</P> Tue, 20 Apr 2021 23:07:51 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221508#M207616 Paupar58 2021-04-20T23:07:51Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221514#M207617 <P>I'm not the only one complaining.</P> Tue, 20 Apr 2021 23:09:18 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221514#M207617 Paupar58 2021-04-20T23:09:18Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221519#M207618 <P>The IRS is taking a long time for everyone. &nbsp;</P><P class="p1"><SPAN class="s1">If your return was Accepted then check IRS Where's my refund </SPAN></P><P class="p1"><SPAN class="s1"><A href="https://www.irs.gov/refunds/" target="_blank">https://www.irs.gov/refunds/</A></SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">When will you get your refund?</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://ttlc.intuit.com/community/refund-status/help/when-will-i-get-my-irs-tax-refund/01/25589" target="_blank">https://ttlc.intuit.com/community/refund-status/help/when-will-i-get-my-irs-tax-refund/01/25589</A></SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">IRS - Questions about Refunds</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions" target="_blank">https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions</A></SPAN></P> Tue, 20 Apr 2021 23:11:08 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221519#M207618 VolvoGirl 2021-04-20T23:11:08Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221531#M207620 <P>Why haven't I got my $ 600. Yet.</P> Tue, 20 Apr 2021 23:17:06 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221531#M207620 Paupar58 2021-04-20T23:17:06Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221534#M207623 <P><LI-USER uid="4059155"></LI-USER>&nbsp;</P><P>&nbsp;</P><P>what is on Line 30 of your tax return?&nbsp; if $600, then be patient.</P><P>&nbsp;</P><P>if another number, let's all discuss further&nbsp;</P> Tue, 20 Apr 2021 23:18:46 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221534#M207623 NCperson 2021-04-20T23:18:46Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221537#M207625 <P>I can't get threw the sight not excepting my info. You said my total is $ 1800. That's not right.</P> Tue, 20 Apr 2021 23:19:25 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221537#M207625 Paupar58 2021-04-20T23:19:25Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221544#M207626 <P><LI-USER uid="4059155"></LI-USER>&nbsp;- I am trying to help you and really can't unless you can tell us what is on Line 30.</P><P>&nbsp;</P><P>I can tell you that based on what you have stated, if Line 30 is MORE THAN $600, then you are in a audit queue at the IRS since Line 30 is incorrect.</P><P>&nbsp;</P><P>if line 30 is LESS THAN $600, it will require an amendment to get the money.</P><P>&nbsp;</P><P>but again, please just 'take a chill pill' and answer the question so we can help you.&nbsp; Ranting won't get you anywhere!&nbsp;</P> Tue, 20 Apr 2021 23:21:57 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221544#M207626 NCperson 2021-04-20T23:21:57Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221547#M207627 <P>Did you get the 1st Stimulus payment last April last Year? &nbsp;It was for $1200. &nbsp;If you didn't get that one either then your refund should be 1200+600 = 1800.</P> Tue, 20 Apr 2021 23:24:11 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221547#M207627 VolvoGirl 2021-04-20T23:24:11Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221558#M207630 <P>Another question. &nbsp;Did you efile? &nbsp;If you only get Social Security &nbsp;you might not be able to efile. &nbsp;Or did you print and mail your return? &nbsp;Better check and see if you efiled and it went through.</P><P>&nbsp;</P><P class="p1"><SPAN class="s1">You can check your efile status here<SPAN class="Apple-converted-space">&nbsp; &nbsp; &nbsp;</SPAN></SPAN></P><P class="p2"><SPAN class="s2"><A href="https://turbotax.intuit.com/tax-tools/efile-status-lookup/" target="_blank">https://turbotax.intuit.com/tax-tools/efile-status-lookup/</A></SPAN><SPAN class="s3"><SPAN class="Apple-converted-space">&nbsp; &nbsp;</SPAN></SPAN></P><P class="p3">&nbsp;</P><P class="p1"><SPAN class="s1">When you efile you get back 2 emails.<SPAN class="Apple-converted-space">&nbsp; </SPAN>The first email only confirms the transmission.<SPAN class="Apple-converted-space">&nbsp; </SPAN>The second email says if the IRS (or state) Accepted or Rejected your efile.</SPAN></P><P class="p1"><SPAN class="s1">&nbsp;</SPAN></P><P class="p1"><SPAN class="s1">When you log into your account you should also see the status and if it was Accepted or Rejected, Started, Printed, Ready to Mail, etc.&nbsp;&nbsp;What does it say?</SPAN></P> Tue, 20 Apr 2021 23:28:39 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221558#M207630 VolvoGirl 2021-04-20T23:28:39Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221579#M207635 <P>When can I expect the $ $ 600.40</P> Tue, 20 Apr 2021 23:34:10 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221579#M207635 Paupar58 2021-04-20T23:34:10Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221589#M207638 <P>Only the IRS can tell you. &nbsp;Are you reading all the replies and questions we have posted to you?</P> Tue, 20 Apr 2021 23:38:11 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221589#M207638 VolvoGirl 2021-04-20T23:38:11Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221600#M207639 <P>I'm stating the fax I'm supposed to get $ 2000. why are they telling me $ 1800.</P> Tue, 20 Apr 2021 23:43:55 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221600#M207639 Paupar58 2021-04-20T23:43:55Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221608#M207640 <P>Yes $ 600. Is on line 30 and for being on Soc. Sec. I get $ 40. For that. Thanks I'll just call the IRS.&nbsp;</P> Tue, 20 Apr 2021 23:47:56 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221608#M207640 Paupar58 2021-04-20T23:47:56Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221609#M207641 <P>Who is telling you 1800? &nbsp;Is that the refund showing on your Tax return? &nbsp;I explained that. &nbsp;You get 1800 instead of 600. &nbsp;You get 1800+1400. &nbsp;The 1400 is separate and comes separately. &nbsp;</P> Tue, 20 Apr 2021 23:48:36 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221609#M207641 VolvoGirl 2021-04-20T23:48:36Z Re: Tax https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221744#M207650 <P><LI-USER uid="4059155"></LI-USER>&nbsp;</P><P>&nbsp;</P><P>if you already received stimulus #1 for $1200 and you did not receive stimulus #2 for $600 and Line 30 of your tax return is $600, than patience is the virtue to practice.&nbsp;</P><P>&nbsp;</P><P>No one on this board can help you as everything is correct.&nbsp; Please call the IRS to discuss.&nbsp;</P><P>&nbsp;</P><P>ps there is no additional $40 for being on social security.&nbsp; can you please post an article where you read that?&nbsp;</P> Wed, 21 Apr 2021 00:55:08 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221744#M207650 NCperson 2021-04-21T00:55:08Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233704#M208755 <P><span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="Screenshot_[phone number removed]13_Chrome Beta.jpg" style="width: 720px;"><img src="https://ttlc.intuit.com/community/image/serverpage/image-id/21555iECCC82788D431531/image-size/large?v=v2&amp;px=999" role="button" title="Screenshot_20210426-185513_Chrome Beta.jpg" alt="Screenshot_20210426-185513_Chrome Beta.jpg" /></span></P><P>I am adding this now because like you said overriding the system would void your guarantee by turbotax and even through the irs put this out there a turbotax expert told me to override it and add the 500÷600 to each one as if I received it when I never did so now I just amended my return last Friday and talked to a turbotax expert this weekend and she doesn't think I should amend it since my ex wife got the payments because she claimed our child in 2019 but I claimed him in 2020 even though I explained to her why I am eligible. I don't think they keep up with all of the tax laws as they come out because I think this one is very significant because it involves 1,100 credit. Why would the irs put this on their website if it weren't correct? I am actually going to wait a few weeks before I send it in because I&nbsp; received unemployment and paid in taxes and I filed before thay became law and received my refund so I don't want that refund to be delayed. Now with all that said, this mistake was made due to the advice of turbotax do you think that I could lose my guarantee for a employees giving me bad advice?</P> Mon, 26 Apr 2021 23:31:21 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233704#M208755 Jtortora70 2021-04-26T23:31:21Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233752#M208760 <P>The IRS is right. &nbsp;If you are claiming a child on your 2020 return you can get both the 500+600 amounts for him even if you ex got the payments based on her 2019 return. &nbsp;That is a loophole in the IRS. &nbsp;You can both get the Stimulus payments. &nbsp;</P><P>&nbsp;</P><P>You should not need to override your tax return. &nbsp;If should automatically give it to you if you qualify. &nbsp;It will be on line 30. &nbsp;Unless you don't qualify for another reason like if he turned 17 in 2020 or your income is too high. &nbsp;</P> Mon, 26 Apr 2021 23:52:07 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233752#M208760 VolvoGirl 2021-04-26T23:52:07Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233843#M208764 <P>That is correct but I didn't know about any of it so that is why I called a "turbotax expert" for advice and they told me to override it so now it's on me to amend my taxes and explain to the irs why I lied to them about overriding the system and adding money.&nbsp;</P><P>I read a lot about people ho underreported stimulus money but how many you think did what I did? Lol..</P> Tue, 27 Apr 2021 00:28:01 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233843#M208764 Jtortora70 2021-04-27T00:28:01Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2234014#M208776 <P>There keeping the 600 stimulus for back taxs thats not right</P> Tue, 27 Apr 2021 01:55:11 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2234014#M208776 standleyt556 2021-04-27T01:55:11Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2243008#M209456 <P>Both the IRS and TurboTax are not calculating my stimulus correctly. I filed my 2019 taxes as MFJ and my AGI was less than $150,000. I have 3 dependents (ages 3-10), and that is how it is entered in TurboTax. With 2 adults and 3 dependents I should have received $3,900 for the 1st stimulus and $3,000 for the 2nd, but I received $3,400 for the 1st and $2,400 for the 2nd (one dependent short each time), and that is what TurboTax is saying that I should receive. I clearly have 3 dependents entered .&nbsp;What am I missing?</P> Sat, 01 May 2021 13:00:29 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2243008#M209456 mdscott11 2021-05-01T13:00:29Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2247819#M209886 <P>Your dependents have to be under 17 years old to qualify for the 1st or 2nd stimulus payment, that may be your problem.</P> Mon, 03 May 2021 20:10:03 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2247819#M209886 ThomasM125 2021-05-03T20:10:03Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2248686#M209978 <P>the recovery rebate was listed on the form&nbsp; i have never received it. the irs reduced my rebate by 1200.</P> Tue, 04 May 2021 02:22:08 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2248686#M209978 434665 2021-05-04T02:22:08Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2248740#M209983 <P class="p1"><SPAN class="s1">If you claimed a missing stimulus payment on your return but the IRS took it off you have to ask the IRS. They think they already sent it to you. Maybe it went to an account you don't remember. Or you got a check or a card. It was probably easy to miss the debit card in the mail and think it was junk mail. They have to put a trace on it.</SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">How to put a trace on a missing 1st or 2nd Stimulus payment</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://www.irs.gov/coronavirus/second-eip-faqs" target="_blank">https://www.irs.gov/coronavirus/second-eip-faqs</A></SPAN></P> Tue, 04 May 2021 02:55:01 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2248740#M209983 VolvoGirl 2021-05-04T02:55:01Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2261309#M211070 <P>This is the same issue I'm having.&nbsp; Turbo Tax will calculate correctly the amount my wife and I have received based on our 2020 incomes.&nbsp; However, it is NOT including the $500 and $600 for my child born in 2019, who was not on our 2020 taxes.&nbsp; So we're $1,100 short.</P> Mon, 10 May 2021 07:22:38 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2261309#M211070 gdam22 2021-05-10T07:22:38Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2261806#M211106 <P>Why is your child not on your 2020 return? &nbsp;The Recovery rebate credit is only based on 2020 now. &nbsp;You can't get it on 2019 anymore.</P><P>&nbsp;</P><P class="p1"><SPAN class="s1">Sorry if you do not qualify for the Recovery Rebate Credit because your child is not on 2020 &nbsp;then you will not be able to get the missed stimulus payment.</SPAN></P> Mon, 10 May 2021 15:01:59 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2261806#M211106 VolvoGirl 2021-05-10T15:01:59Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2302172#M214757 <P>How do you find the amount that you submitted for stimulus check 1 and 2 in your tax return on TurboTax? We are amending our tax return and need that information to proceed but are unable to find this on the site and we don't recall what we put in the form.&nbsp;</P> Wed, 26 May 2021 00:36:09 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2302172#M214757 awn85410 2021-05-26T00:36:09Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2302293#M214762 <P>I amended my return for the same reason and you won't get to that part til you go through your 1040x on turbotax. Just continue through it and it will be towards the end of your amended return. You should be able to change your amounts where you had put them on your original return. Don't forget to write the reason for amending your taxes also.&nbsp;</P> Wed, 26 May 2021 03:15:18 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2302293#M214762 Jtortora70 2021-05-26T03:15:18Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2307159#M214996 <P>I have 2 daughters. One is 4 years old, born in 2017 and the other is less than one but born in 2020. I should have received additional stimulus for them as both of them were born in 2020 or before, but I didn't have a social security number for them. I have them now and should be able to get the funds that weren't available to me previously, but TT is saying that I've gotten all the stimulus that I qualify for. I don't make more than 75,000 a year. Not even close.</P> Wed, 02 Jun 2021 05:25:54 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2307159#M214996 UnbentSlinky 2021-06-02T05:25:54Z Re: Turbo tax Not calculating stimulus correctly https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2307209#M214997 <P>My only suggestion is to make sure that all four social security numbers are entered correctly in TurboTax.&nbsp; That was my issue.</P> Wed, 02 Jun 2021 12:20:22 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2307209#M214997 Kurt8 2021-06-02T12:20:22Z
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topic Re: Turbo tax Not calculating stimulus correctly in Deductions & credits
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<P class="p1"><SPAN class="s1">If you claimed a missing stimulus payment on your return but the IRS took it off you have to ask the IRS. They think they already sent it to you. Maybe it went to an account you don't remember. Or you got a check or a card. It was probably easy to miss the debit card in the mail and think it was junk mail. They have to put a trace on it.</SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">How to put a trace on a missing 1st or 2nd Stimulus payment</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://www.irs.gov/coronavirus/second-eip-faqs" target="_blank">https://www.irs.gov/coronavirus/second-eip-faqs</A></SPAN></P>
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<pubDate>Tue, 04 May 2021 02:55:01 GMT</pubDate>
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<dc:date>2021-05-04T02:55:01Z</dc:date>
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<title>Turbo tax Not calculating stimulus correctly</title>
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https://ttlc.intuit.com/community/tax-credits-deductions/discussion/turbo-tax-not-calculating-stimulus-correctly/01/1822940#M170585
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<P>I am working on 2020 taxes everything is about complete but...</P><P>In 2019 filed MFJ, Our AGI was less than 150,000 and we have two dependents under age 17</P><P>The first stimulus paid 2900, I think it should be 3400</P><P>The second paid 1800, and I think it should be 2400&nbsp;</P><P>This should be claimed this year as a tax credit according to the IRS website.&nbsp; But TurboTax says we got all we should have.</P><P>Am I overlooking something? Is this a calculation error in TT</P>
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<pubDate>Sun, 24 Jan 2021 18:59:49 GMT</pubDate>
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<dc:creator>Radwaste50</dc:creator>
<dc:date>2021-01-24T18:59:49Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
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https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1823263#M170639
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<P>Please verify that both of your dependents are under age 17 on your 2020 tax return and your income is showing below $150,000.&nbsp; The correct amount of Recovery Rebate Credit is based on the information in your 2020 return only. The amounts you received as stated in your post would be correct if one of your dependents turned age 17 in 2020.&nbsp;</P> <P>&nbsp;</P> <P>Here is <A href="https://www.irs.gov/newsroom/recovery-rebate-credit" target="_blank">a link</A> that will help explain the Recovery Rebate Credit.&nbsp;&nbsp;</P>
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<pubDate>Sun, 24 Jan 2021 20:34:17 GMT</pubDate>
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<dc:creator>DMarkM1</dc:creator>
<dc:date>2021-01-24T20:34:17Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
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https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1837889#M172140
</link>
<description>
<P>Same thing here. I didnt get the $500 or $600 for my son but did for my daughter. But turbotax is saying I got what I should have and irs told me I didnt and put what I'm missing on line 30 on a 1040 form. Turbotax cant figure out how to get me to the form because its saying I got what I should have even though irs told me I didnt so I will with taxes but now what I dont know how to put it in</P>
</description>
<pubDate>Thu, 28 Jan 2021 18:05:00 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1837889#M172140
</guid>
<dc:creator>Florenceann0</dc:creator>
<dc:date>2021-01-28T18:05:00Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838012#M172161
</link>
<description>
<P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">The TurboTax software adds together the entries that you made for receiving <U>stimulus check 1</U> and <U>stimulus check 2</U>.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Then the software computes the amount of your stimulus check amounts <U>based upon the information</U> that has been entered into the tax software.&nbsp; </SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">If you are due an additional amount, it will be issued as a <U>Rebate Recovery Credit</U> (RRC) on line 30 of the 2020 1040 tax return.</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">If you believe that you are due a <U>Rebate Recovery Credit</U> (RRC) on line 30 of the 2020 1040 tax return, then you should:</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Check the amounts entered for <U>stimulus check 1</U> and <U>stimulus check 2</U>, and</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Make sure that you have correctly entered your dependent information.</SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">If there is a difference, it is in one or both of these situations.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">In <U>TurboTax Online</U>, you are prompted to input <U>stimulus check 1</U> and <U>stimulus check 2</U> information under <STRONG>Review</STRONG> down the left hand side of the screen.</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">You can also access your stimulus check choices by following these steps:</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;Down the left side of the screen, click on <STRONG>Federal</STRONG>.</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Across the top of the screen, click on <STRONG>Other Tax Situations</STRONG>.</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">At the screen <STRONG>Let’s keep going to wrap up</STRONG>.&nbsp; Click on <STRONG>Let’s keep going</STRONG>.</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">At the screen <STRONG>Let’s make sure you got the right stimulus amount</STRONG>, click <STRONG>Continue</STRONG>.</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">At the screen <STRONG>Did you get a stimulus payment?</STRONG> you can update your stimulus check entries.</SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;See also this <A href="https://turbotax.intuit.com/stimulus-check/" target="_blank">TurboTax Help</A>.</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;</SPAN></SPAN></P>
</description>
<pubDate>Thu, 28 Jan 2021 18:32:47 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838012#M172161
</guid>
<dc:creator>JamesG1</dc:creator>
<dc:date>2021-01-28T18:32:47Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838308#M172203
</link>
<description>
<P>Do you have any suggestions for this situation: Filing with two dependents this year, but only had one last year due to a custody agreement with the other parent. TurboTax says I am owed $1100 for my second dependent but that payment went to the other parent. Is there a way to override this so that I don't get sent money that I have to repay with penalties later?</P><P>&nbsp;</P>
</description>
<pubDate>Thu, 28 Jan 2021 19:29:54 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838308#M172203
</guid>
<dc:creator>robinl4415</dc:creator>
<dc:date>2021-01-28T19:29:54Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838558#M172237
</link>
<description>
<P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">There is one quirk in the stimulus package, divorced parents get to double dip. This means that you do qualify for the stimulus. See&nbsp;<A href="https://www.irs.gov/coronavirus/economic-impact-payments" target="_blank">Economic Impact Payments</A></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><LI-USER uid="1293423" login="robinl4415"></LI-USER></SPAN></SPAN></P>
</description>
<pubDate>Thu, 28 Jan 2021 20:17:47 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838558#M172237
</guid>
<dc:creator>AmyC</dc:creator>
<dc:date>2021-01-28T20:17:47Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838748#M172263
</link>
<description>
<P>Yes I know I put in the amount I received but because they went off my 2018 taxes they didn't give me the right amount my son was born October 2019. So I should be getting $1,100 for him but cant because its saying that I received the right amount when even the IRS is saying I didnt. And no one that i have talked to on this turbotax knows how to do it i guess.</P>
</description>
<pubDate>Thu, 28 Jan 2021 20:49:27 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838748#M172263
</guid>
<dc:creator>Florenceann0</dc:creator>
<dc:date>2021-01-28T20:49:27Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838823#M172274
</link>
<description>
<P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">I played with the program. I added a dependent for 2019 and put in the amounts received. The<STRONG> refund went up</STRONG> and the program still said<U> I had received the right amount.</U> Please take a look at your actual return, line 30 and see if the program added it to yours like it did to mine. See&nbsp;<A href="https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160" target="_blank">How do I preview my TurboTax Online return before filing?</A></SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><LI-USER uid="3017320" login="Florenceann0"></LI-USER></SPAN></SPAN></P>
</description>
<pubDate>Thu, 28 Jan 2021 21:03:31 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1838823#M172274
</guid>
<dc:creator>AmyC</dc:creator>
<dc:date>2021-01-28T21:03:31Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1842561#M172706
</link>
<description>
<P>I am having the exact same problem. I am missing 1100 due to my son being born in 2019 but the IRS used my 2018 return for both Stimulus checks.</P><P>For some reason Turbotax says It looks right even though both 2019 and 2020 returns have 2 dependents listed.</P><P>I'm thinking this is a TT issue.</P>
</description>
<pubDate>Fri, 29 Jan 2021 19:20:01 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1842561#M172706
</guid>
<dc:creator>Eddthe</dc:creator>
<dc:date>2021-01-29T19:20:01Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1843989#M172868
</link>
<description>
<P>Please take a look at your actual return, line 30 and see if the program added the stimulus&nbsp;to your return&nbsp;regardless of the words on the screen. There is a mismatch. See&nbsp;<A href="https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160" target="_blank">How do I preview my TurboTax Online return before filing?</A></P> <P>&nbsp;</P> <P><LI-USER uid="3029131" login="Eddthe"></LI-USER></P>
</description>
<pubDate>Fri, 29 Jan 2021 23:48:47 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1843989#M172868
</guid>
<dc:creator>AmyC</dc:creator>
<dc:date>2021-01-29T23:48:47Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844485#M172921
</link>
<description>
<P>Yes it definitely is turbotax issue because I just tried in another tax website and had no problem getting the form and seeing it. But not here can't see/get the form. And of course the people that call ya are worthless and say oh do this do that and still NOTHING! I have checked and checked and nothing. So its definitely turbotax.&nbsp;</P>
</description>
<pubDate>Sat, 30 Jan 2021 02:02:31 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844485#M172921
</guid>
<dc:creator>Florenceann0</dc:creator>
<dc:date>2021-01-30T02:02:31Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844678#M172950
</link>
<description>
<P>So I was able to see my return but nothing on line 30. When it should be $1,100.&nbsp;</P><P>&nbsp;</P><P><LI-USER uid="81402"></LI-USER>&nbsp;</P>
</description>
<pubDate>Sat, 30 Jan 2021 03:09:11 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844678#M172950
</guid>
<dc:creator>Florenceann0</dc:creator>
<dc:date>2021-01-30T03:09:11Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844705#M172955
</link>
<description>
<P>Is one of your dependents not eligible&nbsp;(17 or older as of Dec 31)?&nbsp; &nbsp;I have seen this issue occur when a taxpayer received the stimulus for a child that was not eligible but also had a newborn that did qualify but received no payment for.&nbsp; &nbsp;And because the amount received was technically correct, the credit does not appear.&nbsp; &nbsp;<LI-USER uid="3017320" login="Florenceann0"></LI-USER></P>
</description>
<pubDate>Sat, 30 Jan 2021 03:22:47 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1844705#M172955
</guid>
<dc:creator>DawnC</dc:creator>
<dc:date>2021-01-30T03:22:47Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1846249#M173117
</link>
<description>
<P>Dependents are 1 and 4 and are included on this return and 2019</P><P>I can edit the values to make it correct but TT is incorrect</P>
</description>
<pubDate>Sat, 30 Jan 2021 17:42:39 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1846249#M173117
</guid>
<dc:creator>Radwaste50</dc:creator>
<dc:date>2021-01-30T17:42:39Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1849994#M173575
</link>
<description>
<P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">TurboTax initially calculates this based on the prior year tax return, but it does require you to report what has been received so far.&nbsp;</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">Just to make sure you are reporting this in the expected section, you will need to be&nbsp;at the end of&nbsp;<STRONG>Other Tax Situations</STRONG>, first.</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">&nbsp;</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">&nbsp;To get there in TurboTax Online, follow these steps:</SPAN></SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">In your return, click the&nbsp;<STRONG>Other Tax Situations</STRONG>&nbsp;tab toward the top of the page</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Scroll down to the end and click&nbsp;<STRONG>Let's keep going</STRONG>&nbsp;(in <STRONG>CD/Download</STRONG>,&nbsp;click <STRONG>Done with Other</STRONG>)</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">At<STRONG>&nbsp;Let's make sure you got the right stimulus amount</STRONG>,&nbsp;click&nbsp;<STRONG>Continue</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Be sure to report an amount for each of the stimulus payments as received.&nbsp;<EM>If the particular payment was not received at all,&nbsp;enter&nbsp;0&nbsp;</EM>and click&nbsp;<STRONG>Continue</STRONG></SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">For more information, please refer to:&nbsp;</SPAN><A href="https://www.irs.gov/coronavirus/second-eip-faqs" target="_blank">Questions and Answers about the Second Economic Impact Payment</A><SPAN style="color:#2d3338">&nbsp;which is still getting updates.&nbsp;</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">&nbsp;</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2d3338">To check your payment status with the IRS, go to:&nbsp;</SPAN><A href="https://www.irs.gov/coronavirus/economic-impact-payments" target="_blank">Get My Payment Link</A><SPAN style="color:#2d3338">.&nbsp;</SPAN></SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><LI-USER uid="2981244" login="Radwaste50"></LI-USER></SPAN></SPAN></P>
</description>
<pubDate>Sun, 31 Jan 2021 15:28:06 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1849994#M173575
</guid>
<dc:creator>KathrynG3</dc:creator>
<dc:date>2021-01-31T15:28:06Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889651#M178180
</link>
<description>
<P>Turbo Tax is not calculating the Recovery Tax Credit correctly.&nbsp; I have confirmed this with two different returns.&nbsp; One where AGI for 2019 exceeded $75K, but was below $75K in 2020.&nbsp; Another where AGI qualified in 2019, but not in 2020.&nbsp; When will this be corrected?&nbsp; If necessary, can I override the amount in forms view?</P>
</description>
<pubDate>Mon, 08 Feb 2021 13:15:21 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889651#M178180
</guid>
<dc:creator>Kurt8</dc:creator>
<dc:date>2021-02-08T13:15:21Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889659#M178182
</link>
<description>
<BLOCKQUOTE><HR /><LI-USER uid="2764390"></LI-USER>&nbsp;wrote:<BR /> <P>Turbo Tax is not calculating the Recovery Tax Credit correctly.&nbsp; I have confirmed this with two different returns.&nbsp; One where AGI for 2019 exceeded $75K, but was below $75K in 2020.&nbsp; Another where AGI qualified in 2019, but not in 2020.&nbsp; When will this be corrected?&nbsp; If necessary, can I override the amount in forms view?</P> <HR /></BLOCKQUOTE> <P>TurboTax calculates the Recovery Rebate Credit using the IRS Recovery Rebate Credit Worksheet.&nbsp; The credit is based on the 2020 federal tax return information and the 2020 AGI on the 2020 Form 1040 Line 11.&nbsp; Any eligible credit is entered on Form 1040 Line 30.</P> <P>Go to IRS Form 1040 (2020) Instructions page 59 for the Recovery Rebate Credit Worksheet -&nbsp;<A href="https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=59" target="_blank">https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=59</A></P>
</description>
<pubDate>Mon, 08 Feb 2021 13:19:23 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889659#M178182
</guid>
<dc:creator>DoninGA</dc:creator>
<dc:date>2021-02-08T13:19:23Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889715#M178189
</link>
<description>
<P>I have gone to the IRS worksheet.&nbsp; It reinforces that Turbo Tax is calculating the credit incorrectly.&nbsp; Y'all need to up your game.</P>
</description>
<pubDate>Mon, 08 Feb 2021 13:40:44 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889715#M178189
</guid>
<dc:creator>Kurt8</dc:creator>
<dc:date>2021-02-08T13:40:44Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889728#M178192
</link>
<description>
<BLOCKQUOTE><HR /><LI-USER uid="2764390"></LI-USER>&nbsp;wrote:<BR /> <P>I have gone to the IRS worksheet.&nbsp; It reinforces that Turbo Tax is calculating the credit incorrectly.&nbsp; Y'all need to up your game.</P> <HR /></BLOCKQUOTE> <P>Where is it calculating the credit incorrectly?&nbsp; Line number on the worksheet?</P> <P>TurboTax has processed 100's of thousands 2020 federal tax returns without any systemic issues with the Recovery Rebate Credit.&nbsp; Why do you think yours is incorrect since the same worksheet is in the TurboTax software as is shown on the IRS Form 1040 Instructions.</P>
</description>
<pubDate>Mon, 08 Feb 2021 13:43:40 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889728#M178192
</guid>
<dc:creator>DoninGA</dc:creator>
<dc:date>2021-02-08T13:43:40Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889767#M178195
</link>
<description>
<P>It is now calculating correctly.&nbsp; The updates helped and on one return, the social security number was off by a digit.</P>
</description>
<pubDate>Mon, 08 Feb 2021 14:01:14 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1889767#M178195
</guid>
<dc:creator>Kurt8</dc:creator>
<dc:date>2021-02-08T14:01:14Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895362#M178821
</link>
<description>
<P>This is my situation, too.&nbsp; MFJ with 2019 AGI under threshold, never received either of the $1200 stimulus checks, DID receive the 2 @ $600 within a week or 2 of law passage.&nbsp; Had to search for Recov Rebate Cr form, had to override everything and the form still has an un-deletable Note at the Bottom referring to our 2020 AGI (to high to qualify).&nbsp; Overriding seems to work, but shouldn't need to.&nbsp; I didn't use TurboTax in 2019 (used Drake), and spent literally over an hour with TT Support whose only ultimate advice was to wait until 2/12, when the "final" Turbotax update will come out and this should be fixed.&nbsp; The $1200/2400 payments in the Spring of 202 are based on 2019 income, NOT 2020.&nbsp; There is debate about what the payments of $600 are based on, and some reporting that if your 2020 income is disqualifying but 2019 was not, you should delay filing.&nbsp; Right now, wondering if I should have stuck with Drake.</P>
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<pubDate>Tue, 09 Feb 2021 14:38:47 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895362#M178821
</guid>
<dc:creator>JeffP_MA</dc:creator>
<dc:date>2021-02-09T14:38:47Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895389#M178826
</link>
<description>
<P><LI-USER uid="3163252"></LI-USER>&nbsp;The stimulus payments are an advance tax credit based on the 2020 federal tax return.</P> <P>The Recovery Rebate Credit Worksheet used by TurboTax and any other tax preparation software is the same worksheet as required by the IRS to calculate the tax credit.&nbsp; The worksheet requires the use of the 2020 AGI from Form 1040 Line 11.</P> <P>Go to IRS Form 1040 (2020) Instructions page 59 for the Recovery Rebate Credit Worksheet -&nbsp;<A href="https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=59" target="_blank">https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=59</A></P>
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<pubDate>Tue, 09 Feb 2021 14:46:07 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895389#M178826
</guid>
<dc:creator>DoninGA</dc:creator>
<dc:date>2021-02-09T14:46:07Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895517#M178848
</link>
<description>
<P><LI-USER uid="113"></LI-USER>&nbsp;Unfortunately, I think you are right.&nbsp; <span class="lia-unicode-emoji" title=":loudly_crying_face:">😭</span></P><P>The reporting has been consistent that if your 2020 Income is over the threshold and your 2019 was under, you will not&nbsp; be required to return any of the payment you received in 2020, but I never received the CARES Act credit in 2020 (and it is seemingly precluded from being paid or credited after 2020 by Code section 6428(g)(3)) so I am . .&nbsp; SOL.&nbsp; That'll teach me to rely on "reporting" in the popular press.</P>
</description>
<pubDate>Tue, 09 Feb 2021 15:18:45 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/1895517#M178848
</guid>
<dc:creator>JeffP_MA</dc:creator>
<dc:date>2021-02-09T15:18:45Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2075371#M195078
</link>
<description>
<P>We're having a problem also but with a different twist on the credit calculation. We got the first stimulus payment before we filed our 2019 return and therefore it was based on our 2018 AGI&nbsp; The second stimulus, of course, was based on my 2019 AGI.&nbsp; For both tax years we were over 150K threshold but only in 2018 was the AGI low enough to require a proration of the stimulus amount. Apparently, TT is using 2018 AGI to calculate that a prorated amount should have been paid for the second stimulus. How do we get rid of the erroneous credit that TT is showing on our 2020 return?</P>
</description>
<pubDate>Sat, 13 Mar 2021 23:05:43 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2075371#M195078
</guid>
<dc:creator>rolph</dc:creator>
<dc:date>2021-03-13T23:05:43Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2078864#M195360
</link>
<description>
<P>The Recovery Rebate Credit on your 2020 tax return is based only on the information in your 2020 tax return.&nbsp; The AGI on your 2020 tax return is correctly&nbsp;being used for the calculations.&nbsp; If your 2020 AGI is between $150,000 and $200,000, the stimulus amounts for both rounds one and two are using the same proration (2020 AGI).&nbsp; That prorated amount is then reduced by any payments you actually received in rounds one and/or two to arrive at the credit due to you and added to your 2020 tax return.&nbsp;</P> <P>&nbsp;</P> <P>The prior year AGIs were only used for rounds one and two because those were the returns available; they were actually advances to the Recovery Rebate Credit.&nbsp; The stimulus payments were always meant to be based on 2020 tax returns.&nbsp;&nbsp;</P> <P>&nbsp;</P> <P>Here is <A href="https://www.irs.gov/newsroom/recovery-rebate-credit-frequently-asked-questions" target="_blank">a link</A> with more information on the Recovery Rebate Credit.</P> <P>&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;&nbsp;</P>
</description>
<pubDate>Sun, 14 Mar 2021 18:33:38 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2078864#M195360
</guid>
<dc:creator>DMarkM1</dc:creator>
<dc:date>2021-03-14T18:33:38Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117531#M198740
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<description>
<P>You calculated both my adult children's incorrectly. They both got significantly reduced refunds stating the amount on line 30 was calculated incorrectly. We depend on your service to get it right so what happened?</P>
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<pubDate>Sun, 21 Mar 2021 19:26:56 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117531#M198740
</guid>
<dc:creator>kimberlyc3636</dc:creator>
<dc:date>2021-03-21T19:26:56Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117618#M198745
</link>
<description>
<P><LI-USER uid="3884749"></LI-USER>&nbsp; &nbsp;If the IRS adjusted their refund after they filed because Line 30 was incorrect it means that the IRS records didn't match what was reported on the return to be the amount already received for that taxpayer.&nbsp;&nbsp;</P><P>&nbsp;</P><P>This happened a lot to early filers who indicated they didn't receive the $600 second payment, and then the payment was received after the return was filed.&nbsp; &nbsp;The IRS then reduces the refund by this amount, because they show that they already sent it.&nbsp;</P><P>&nbsp;</P><P>If they didn't receive the payment (lost in the mail, etc., they should request a&nbsp;<EM>refund trace</EM>)&nbsp;&nbsp;<A href="https://www.google.com/search?q=how+to+request+a+refund+trace+IRS&amp;rlz=1C1CHBF_enUS906US906&amp;oq=how+to+request+a+refund+trace+IRS&amp;aqs=chrome..69i57j33i22i29i30l9.3916j0j7&amp;sourceid=chrome&amp;ie=UTF-8&nbsp;" target="_blank">https://www.google.com/search?q=how+to+request+a+refund+trace+IRS&amp;rlz=1C1CHBF_enUS906US906&amp;oq=how+to+request+a+refund+trace+IRS&amp;aqs=chrome..69i57j33i22i29i30l9.3916j0j7&amp;sourceid=chrome&amp;ie=UTF-8&nbsp;</A></P><P>&nbsp;</P><P>The program doesn't have an issue with this calculation, but there is a lot of confusion about how it is supposed to work.&nbsp;&nbsp;</P>
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<pubDate>Sun, 21 Mar 2021 19:48:12 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117618#M198745
</guid>
<dc:creator>annajoe803</dc:creator>
<dc:date>2021-03-21T19:48:12Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117706#M198750
</link>
<description>
<P>Thanks for your reply. They had received all of the stimulus payments they were supposed to before I filed and I did report this, so I'm not sure what happened.&nbsp;</P><P>&nbsp;</P>
</description>
<pubDate>Sun, 21 Mar 2021 20:05:57 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117706#M198750
</guid>
<dc:creator>kimberlyc3636</dc:creator>
<dc:date>2021-03-21T20:05:57Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117826#M198760
</link>
<description>
<P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><LI-USER uid="3884749" login="kimberlyc3636"></LI-USER></SPAN></SPAN></P> <P><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="font-size:14px">If a taxpayer received&nbsp;all the stimulus payments they were supposed to receive before filing, then the&nbsp;payment in the form of a <U>Recovery Rebate Credit</U> on line 30 of your 2020 Federal tax return should be $0.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="font-size:14px">The IRS reduced the refund by the amount over $0&nbsp;because <U>stimulus payment 1</U>&nbsp;and/or <U>stimulus payment 2</U> had already been issued by the IRS and received by the taxpayer.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="font-size:14px">&nbsp;If you didn’t get a first or second &nbsp;payment or got less than the full amounts, you may qualify for the 2020&nbsp;<A href="https://www.irs.gov/newsroom/recovery-rebate-credit" target="_blank">Recovery Rebate Credit</A>&nbsp;and must file a 2020 tax return even if you do not&nbsp;normally file.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="font-size:14px">You may review the 2020 Federal 1040 tax return line 30 to see whether a <U>Recovery Rebate Credit</U> had been requested.</SPAN></SPAN></P>
</description>
<pubDate>Sun, 21 Mar 2021 20:30:43 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2117826#M198760
</guid>
<dc:creator>JamesG1</dc:creator>
<dc:date>2021-03-21T20:30:43Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2132113#M199935
</link>
<description>
<P>So technically we were supposed to put both payments in there even if the second stimulus was not received until 2021?&nbsp;<BR /><BR /></P><P>I did not put my second stimulus in there thinking I would have to put it in when I file next year. The IRS said I had calculated incorrectly, amended my return by the credit the software added into my return and changed my refund amount. I am okay with this, but now I have not received the stimulus when my bank has already received their funds. So now, I guess I have been flagged by IRS and won’t receive the stimulus. <span class="lia-unicode-emoji" title=":confused_face:">😕</span></P>
</description>
<pubDate>Thu, 25 Mar 2021 02:12:04 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2132113#M199935
</guid>
<dc:creator>Mnmpepper</dc:creator>
<dc:date>2021-03-25T02:12:04Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2132234#M199942
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<description>
<P>if you believe the Bank received your 2nd stimulus and you did not get the credit, suggest taking that up with the Bank</P>
</description>
<pubDate>Thu, 25 Mar 2021 03:04:45 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2132234#M199942
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-03-25T03:04:45Z</dc:date>
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<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2135595#M200230
</link>
<description>
<P>I'm sorry but I don't understand what you're trying to say. They received all stimulus payments and this was noted on the tax return but the refund was calculated as if it was never received. This was in my son's case.&nbsp;</P>
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<pubDate>Fri, 26 Mar 2021 00:37:26 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2135595#M200230
</guid>
<dc:creator>kimberlyc3636</dc:creator>
<dc:date>2021-03-26T00:37:26Z</dc:date>
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<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2135685#M200237
</link>
<description>
<P><LI-USER uid="3884749"></LI-USER>&nbsp;- let's test the theory that "the refund was calculated as if the stimulus was never received."</P><P>&nbsp;</P><P>please answer the following:</P><P>&nbsp;</P><P>1) how much was ACTUALLY received for each of the first TWO stimulus payments.&nbsp; And please confirm those amounts were entered into TT.</P><P>2) what is shown on Line 30 of Form 1040?</P><P>3) what is shown on Line 35a of Form 1040?&nbsp;</P><P>4) how much was the actual refund that was received?</P><P>&nbsp;</P><P>from that information I think the two of us can get to 'common ground' of what each is trying to say to each other and where the problem lies.&nbsp;</P>
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<pubDate>Fri, 26 Mar 2021 01:26:33 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2135685#M200237
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-03-26T01:26:33Z</dc:date>
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<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136366#M200296
</link>
<description>
<P><LI-USER uid="3244793"></LI-USER>&nbsp;</P><P>This happened to us. We received the second stimulus after we filed and the irs amended our return. However we have yet to receive third stimulus (our bank has received the deposits) and I’m wondering if this has something to do with it.&nbsp;</P>
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<pubDate>Fri, 26 Mar 2021 11:24:52 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136366#M200296
</guid>
<dc:creator>Mnmpepper</dc:creator>
<dc:date>2021-03-26T11:24:52Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136372#M200298
</link>
<description>
<P>the IRS is still sending out the 3rd stimulus......they are not done yet.&nbsp;</P><P>&nbsp;</P><P>if the Bank received the money (how do you know that?), they are required to credit your account within 2 days.&nbsp;&nbsp;</P><P>&nbsp;</P><P>suggest contacting the Bank&nbsp;</P>
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<pubDate>Fri, 26 Mar 2021 11:27:29 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136372#M200298
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-03-26T11:27:29Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136930#M200336
</link>
<description>
<P><LI-USER uid="19147"></LI-USER>&nbsp;Yes I’m aware they are still processing, but it just seems weird my family and friends have received theirs (we all bank at the same credit union is how I know). The IRS has said we qualify via the tracker) but has not processed any payments and I will get a notification in the mail.</P><P>I am of course assuming based on the coincidence that I have not had any issues prior and now that my return was amended based on the credit I had received in the TT software, that I have been flagged for whatever reason.&nbsp;<BR />But maybe when I got my notification via the mail, I will understand more.</P><P>Thanks for your input!&nbsp;</P>
</description>
<pubDate>Fri, 26 Mar 2021 14:42:53 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2136930#M200336
</guid>
<dc:creator>Mnmpepper</dc:creator>
<dc:date>2021-03-26T14:42:53Z</dc:date>
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<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2151767#M201630
</link>
<description>
<P>Same problem here. I had a baby on 2020 and TT keeps saying that its correct for 1st and 2nd stimulus checks.</P><P>&nbsp;</P><P>Anybody has this problem solved??</P>
</description>
<pubDate>Tue, 30 Mar 2021 16:48:40 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2151767#M201630
</guid>
<dc:creator>josekalifornia</dc:creator>
<dc:date>2021-03-30T16:48:40Z</dc:date>
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<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2151871#M201638
</link>
<description>
<P><LI-USER uid="3973571" login="josekalifornia"></LI-USER> your eligibility phases out with 2020 adjusted gross income beginning at $150,000 and being phased out completely at $160,000.</P> <P>&nbsp;</P> <P><A href="https://www.irs.gov/newsroom/recovery-rebate-credit-topic-b-eligibility" target="_blank">Eligibility for Recovery Rebate Credit (see Q B1)</A></P>
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<pubDate>Tue, 30 Mar 2021 17:08:44 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2151871#M201638
</guid>
<dc:creator>JeffreyR77</dc:creator>
<dc:date>2021-03-30T17:08:44Z</dc:date>
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<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152042#M201652
</link>
<description>
<P><LI-USER uid="3973571"></LI-USER>&nbsp;-&nbsp;</P><P>&nbsp;</P><P>1) how much was your first stimulus payment</P><P>2) how much was your second stimulus payment</P><P>3) was your income above or below $150,000 (I assume you filed joint )</P><P>4) how many children under the age of 16 do you have as of 12.31.<FONT color="#FF6600"><STRONG>20</STRONG></FONT>?</P><P>5) what is on Line 30 of Form 1040?&nbsp;</P><P>&nbsp;</P><P>from that I can figure out what occurred and whether you are owed more or not</P><P>&nbsp;</P><P>&nbsp;</P>
</description>
<pubDate>Tue, 30 Mar 2021 17:41:48 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152042#M201652
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-03-30T17:41:48Z</dc:date>
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<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152335#M201680
</link>
<description>
<P>2,900 for 2 and 1 child.</P><P>1,800 for 2 and 1 child.</P><P>Below 150,000 (yes, jointly)</P><P>2 children</P><P>Line 30 is blank.</P>
</description>
<pubDate>Tue, 30 Mar 2021 18:44:35 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152335#M201680
</guid>
<dc:creator>josekalifornia</dc:creator>
<dc:date>2021-03-30T18:44:35Z</dc:date>
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<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152340#M201681
</link>
<description><P>It's below $150,000</P></description>
<pubDate>Tue, 30 Mar 2021 18:45:20 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152340#M201681
</guid>
<dc:creator>josekalifornia</dc:creator>
<dc:date>2021-03-30T18:45:20Z</dc:date>
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<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152668#M201719
</link>
<description>
<P><LI-USER uid="3973571"></LI-USER>&nbsp;- okay, so that tells me there is something incorrect with the way you entered the new born</P><P>&nbsp;</P><P>most common issue - there is a question about how many months the child lived with you. You are to answer "the whole year" - even if the child was born on Dec 31!!!!!&nbsp;</P><P>also, there is an oddly worded question about support; you are to answer NO, the child did not provide more than 50% of his own support,</P><P>if that doesn't fix it, delete the child and reenter and SLOWLY answer the questions and entering the date of birth and social security number correctly.</P><P>you should have $1100 on Line 30.</P><P>&nbsp;</P><P>post back and let's see where we are.&nbsp;</P>
</description>
<pubDate>Tue, 30 Mar 2021 19:57:32 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152668#M201719
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-03-30T19:57:32Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152706#M201720
</link>
<description>
<P>That worked!!! I put whole year and that's it!!</P><P>&nbsp;</P><P>Thank you so much!!!</P><P>&nbsp;</P><P>Do you know how to do it for the 3rd stimulus check?</P><P>&nbsp;</P><P>&nbsp;</P>
</description>
<pubDate>Tue, 30 Mar 2021 20:10:17 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152706#M201720
</guid>
<dc:creator>josekalifornia</dc:creator>
<dc:date>2021-03-30T20:10:17Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152760#M201722
</link>
<description>
<P>so one of two things is going to occur for the 3rd stimulus for the new born</P><P>&nbsp;</P><P>1) the IRS will process your 2020 return and notice the newborn and issue the $1400 shortly thereafter</P><P>2) you don't receive the $1400 this year and will see the $1400 on Line 30 on the 2021 tax return.</P><P>&nbsp;</P><P>either way, you are entitled to the money, it's just an unknown how you will receive it....every parent with a newborn in 2020 that is filing now is in the same boat, so it's a pretty big boat!&nbsp;&nbsp;</P><P>&nbsp;</P><P>the 3rd stimulus is NOT part of the 2020 tax return, so you won't see it anywhere on this year's return.</P>
</description>
<pubDate>Tue, 30 Mar 2021 20:21:25 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152760#M201722
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-03-30T20:21:25Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152867#M201733
</link>
<description>
<P>Ok.</P><P><BR />Thank you so much for the help!!!</P><P>&nbsp;</P><P>take care!</P>
</description>
<pubDate>Tue, 30 Mar 2021 20:44:46 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2152867#M201733
</guid>
<dc:creator>josekalifornia</dc:creator>
<dc:date>2021-03-30T20:44:46Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184583#M204404
</link>
<description>
<P>I wish I would have known that and that I wasn't given the wrong advice by a turbo tax expert when I filed my taxes February 10th 2020.</P><P>My ex wife claimed my son in 2019 and got both stimulus checks for him but I claimed him in 2020 and when I was doing my taxes on turbotax.com I was confused as to why I was getting the 1,100 credit so I called a turbo tax expert and they told me to add my sons stimulus money to each of my payments and so I did and now I find out that I shouldn't have done that (which I later read on the irs website) and that I should have put the correct information in there. Now what do I do because if I&nbsp; amend my taxes it looks like I lied to them. Please someone help me with this situation. Thank you <span class="lia-unicode-emoji" title=":smiling_face_with_smiling_eyes:">😊</span>&nbsp;</P>
</description>
<pubDate>Fri, 09 Apr 2021 05:55:08 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184583#M204404
</guid>
<dc:creator>Jtortora70</dc:creator>
<dc:date>2021-04-09T05:55:08Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184694#M204411
</link>
<description>
<P>did you receive your refund yet? it is possible the IRS finds the error.</P><P>&nbsp;</P><P>if you've received your refund and the IRS didn't find it, then yes, amend!&nbsp;</P><P>&nbsp;</P><P>the way these stimulus payments and recovery credits worked, it is true that for divorced parents who alternate claiming their child each year, one parent can receive the stimulus for that child while the other gets the Recovery Credit on Line 30.&nbsp; &nbsp;So one child can be worth two payments, and that is all perfectly legal.&nbsp;</P><P>&nbsp;</P><P>the same thing is going to occur for Stimulus 3.....&nbsp;</P><P>&nbsp;</P><P>they are not going to think you lied; you just made an honest mistake. it happens.&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P>
</description>
<pubDate>Fri, 09 Apr 2021 10:03:39 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184694#M204411
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-04-09T10:03:39Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184706#M204413
</link>
<description>
<P>I appreciate your help with this. The thing that bothers me is I added money to both my stimulus payments on my 1040 and that was advice I was given from a tax expert with turbo tax and so that would be the only way to explain why I would say I got the payments when in reality I didn't, which in turn is the truth. I called a turbo tax expert 2 times since finding this out and one said that it was the right thing to do another wasn't sure and the 3ed put me on hold and never came back to the call. I have used turbo tax for years now and never a problem and yes this is all new I get that but if the irs website issues rules for taxes online I would think the tax experts would learn about so they could be of better help to their customers. I've never amended my taxes before so I pray I get it right.</P><P>Yes I already did my taxes and got my return back...</P>
</description>
<pubDate>Fri, 09 Apr 2021 10:23:12 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2184706#M204413
</guid>
<dc:creator>Jtortora70</dc:creator>
<dc:date>2021-04-09T10:23:12Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196017#M205469
</link>
<description>
<P>This is right out of the 1040 instructions.&nbsp; I clearly states rounds 1 and 2 of the economic impact payments were based off of 2018 or 2019 income.&nbsp; The third round called the recovery rebate credit payment is based off the 2020 income.&nbsp; So TT is calculating incorrectly, and needs a fix.</P><P>&nbsp;</P><P>Line 30<BR />Recovery Rebate Credit<BR />The recovery rebate credit was paid out<BR />to eligible individuals in two rounds of<BR />advance payments called economic impact payments. The economic impact<BR />payments were based on your 2018 or<BR />2019 tax year information. The recovery<BR />rebate credit is figured like the economic<BR />impact payments except that the credit<BR />eligibility and the credit amount are<BR />based on your 2020 tax year information. If you didn’t receive the full<BR />amount of the recovery rebate credit as<BR />economic impact payments, you may be<BR />able to claim the recovery rebate credit<BR />on your 2020 Form 1040 or 1040-SR.</P>
</description>
<pubDate>Mon, 12 Apr 2021 20:45:52 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196017#M205469
</guid>
<dc:creator>bobbyBE</dc:creator>
<dc:date>2021-04-12T20:45:52Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196052#M205472
</link>
<description>
<P><LI-USER uid="4087597"></LI-USER>&nbsp;TurboTax is calculating the Recovery Rebate Credit correctly, directly out of the Recovery Rebate Credit worksheet as shown on the Form 1040 instructions page 58 -&nbsp;<A href="https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=58" target="_blank">https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=58</A></P> <P>&nbsp;</P> <P>The third stimulus payment is not part of the 2020 federal tax return.&nbsp; It is paid directly by the IRS who controls when and if the payment is distributed.</P> <P>Go to this IRS website for the third stimulus payment -&nbsp;<A href="https://www.irs.gov/coronavirus/third-economic-impact-payment" target="_blank">https://www.irs.gov/coronavirus/third-economic-impact-payment</A></P>
</description>
<pubDate>Mon, 12 Apr 2021 20:52:05 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196052#M205472
</guid>
<dc:creator>DoninGA</dc:creator>
<dc:date>2021-04-12T20:52:05Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196084#M205475
</link>
<description>
<P>The Recovery Rebate is based off of 2020 income.&nbsp; &nbsp;The ADVANCE payments used either 2018 or 2019 tax data, but the payments are reconciled on the 2020 tax return.&nbsp; &nbsp;You posted this above&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; '''The recovery<BR /> rebate credit is figured like the economic<BR /> impact payments except that the credit<BR /> eligibility and the credit amount are<BR /> <SPAN style="color:#2ecc71"><U>based on your 2020 tax year information</U></SPAN>. If you didn’t receive the full<BR /> amount of the recovery rebate credit as<BR /> economic impact payments, you may be<BR /> able to claim the recovery rebate credit<BR /> on your 2020 Form 1040 or 1040-SR.''&nbsp; &nbsp;<LI-USER uid="4087597" login="bobbybruni"></LI-USER></P> <P>&nbsp;</P> <P>If you received too much, you don't have to pay it back, but you won't get extra if you do not qualify based on your 2020 income.&nbsp; &nbsp;</P>
</description>
<pubDate>Mon, 12 Apr 2021 20:57:47 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196084#M205475
</guid>
<dc:creator>DawnC</dc:creator>
<dc:date>2021-04-12T20:57:47Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196562#M205509
</link>
<description>
<P>Bobby - I will add to the crowd.... the calculations are based on the 2020 tax return based on your income, filing status and dependents under the age of 17 LESS whatever you received for the first two stimulus payments, but not less than zero.&nbsp; that results ends up on Line 30</P><P>&nbsp;</P><P>what was on the 2018 and 2019 tax returns doesn't matter as that was just used as an estimate to get money to everyone.&nbsp;&nbsp;</P><P>&nbsp;</P><P>Similarly, while the 3rd stimulus is based on the 2020 tax return (or 2019), what will matter is the 2021 tax return for income, filing status and dependents (age won't matter) LESS what you received for the 3rd stimulus, but not less than zero.&nbsp;&nbsp;that results ends up on Line 30</P>
</description>
<pubDate>Mon, 12 Apr 2021 22:31:49 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2196562#M205509
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-04-12T22:31:49Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2210345#M206777
</link>
<description>
<P>Here's another twist: &nbsp;What if you qualified for the stimulus based on 2019 AGI but not 2020 and filed 2019 taxes on time but IRS never processed them or lost them (cashed check so know they received them). &nbsp;Never received $600 second stimulus check or third $1400 check and unable to claim back $600 on 2020 taxes since Rebate Recovery bases off of 2020 income. &nbsp; Only way to do this is to override form calculations. &nbsp;Any suggestions or is it just bad luck and timing?</P>
</description>
<pubDate>Fri, 16 Apr 2021 14:49:33 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2210345#M206777
</guid>
<dc:creator>FL0404</dc:creator>
<dc:date>2021-04-16T14:49:33Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2210526#M206795
</link>
<description><P>How can you over ride the calculation??</P></description>
<pubDate>Fri, 16 Apr 2021 15:49:00 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2210526#M206795
</guid>
<dc:creator>bobbyBE</dc:creator>
<dc:date>2021-04-16T15:49:00Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211073#M206832
</link>
<description>
<P>@denmar0404 You have a couple of issues.</P> <P>&nbsp;</P> <P>2019 taxes, you said check cashed but no stimulus received. That implies that you mailed your taxes, they cashed the check and have not processed the 2019 return in time for you to qualify for the second stimulus</P> <P>&nbsp;</P> <P>2020 taxes and income used to determine if you qualify for missed stimulus. If your income is too high in 2020, you do not get the missed stimulus.&nbsp;</P> <P>&nbsp;</P> <P>It does no good to try and override and change what is not allowed, The IRS cross checks every return for stimulus received, income, etc. You will not get what you are not entitled to, regardless of what you do to the forms.&nbsp; &nbsp; &nbsp; <LI-USER uid="4087597" login="bobbyBE"></LI-USER></P>
</description>
<pubDate>Fri, 16 Apr 2021 18:41:58 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211073#M206832
</guid>
<dc:creator>AmyC</dc:creator>
<dc:date>2021-04-16T18:41:58Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211438#M206851
</link>
<description>
<P>Thanks for your response but not understanding why I am not entitled to the stimulus. It was only because the IRS was slow in processing that I didn’t. If my return was processed in a timely manner I would have received it. Are you saying I am totally out of luck?</P>
</description>
<pubDate>Fri, 16 Apr 2021 20:31:53 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211438#M206851
</guid>
<dc:creator>FL0404</dc:creator>
<dc:date>2021-04-16T20:31:53Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211469#M206854
</link>
<description>
<P class="p1"><SPAN class="s1">Sorry yes. &nbsp; if you do not qualify for the Recovery Rebate Credit because of your 2020 tax situation then you will not be able to get the missed stimulus payment.</SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">See IRS question Q B3 here, Change in Eligibility </SPAN></P><P class="p3"><SPAN class="s1"><A href="https://www.irs.gov/newsroom/recovery-rebate-credit-topic-b-eligibility" target="_blank">https://www.irs.gov/newsroom/recovery-rebate-credit-topic-b-eligibility</A></SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">The Recovery rebate credit is really based on your 2020 AGI, not 2019 or 2018.<SPAN class="Apple-converted-space">&nbsp; </SPAN>See my posts on this one.<SPAN class="Apple-converted-space">&nbsp; </SPAN>I found a couple IRS links that say if you don't qualify<SPAN class="Apple-converted-space">&nbsp; </SPAN>for more based on 2020 and you don't have to pay it back if you got too much.</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://ttlc.intuit.com/community/tax-credits-deductions/discussion/recovery-rebate-tax-credit/00/1764421/page/2" target="_blank">https://ttlc.intuit.com/community/tax-credits-deductions/discussion/recovery-rebate-tax-credit/00/1764421/page/2</A></SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">And see the employee expert answer here</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://ttlc.intuit.com/community/taxes/discussion/recovery-rebate-credit-stimulus-incorrect/00/1942655" target="_blank">https://ttlc.intuit.com/community/taxes/discussion/recovery-rebate-credit-stimulus-incorrect/00/1942655</A></SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">She said......</SPAN></P><P class="p1"><SPAN class="s1">If you do not qualify for the Recovery Rebate Credit because of your 2020 tax situation then you will not be able to get the missed stimulus payment.</SPAN></P>
</description>
<pubDate>Fri, 16 Apr 2021 20:40:50 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211469#M206854
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-04-16T20:40:50Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211668#M206865
</link>
<description>
<P><LI-USER uid="4128580"></LI-USER>&nbsp;- I appreciate your question and the confusion over this issue.. On another thread I tried to bring some clarity to this in a 'tongue in cheek' method.... hopefully this will explain what really occurred and answer your question.&nbsp;</P><P>&nbsp;</P><P>I agree that it can be confusing and befuddling but Congress and the IRS had to do this in a rush - some "won" and some 'lost" because of the rush.&nbsp;&nbsp;</P><P>&nbsp;</P><P>The critical point is everything is based on the 2020 tax return, regardless of who got what and who received a check they should not have and who didn't receive a check they thought they should have (your case).&nbsp; that is the way the law was passed is the only true explanation.&nbsp;</P><P>&nbsp;</P><P>the conversation in March, 2020 between Congress and the IRS went something like this:</P><P>&nbsp;</P><P><STRONG>Congress</STRONG>: Send out $1200 to every taxpayer and base the calculation on the <STRONG>2020</STRONG> tax return</P><P><STRONG>IRS</STRONG>: but 2020 is not over yet, we don’t know what people will submit on their 2020 tax returns</P><P><STRONG>Congress</STRONG>: then use their 2019 tax return (and if that is not available use 2018) to determine the stimulus payments</P><P><STRONG>IRS</STRONG>: what happens if we send out this money and when we analyze the 2020 tax return we realize we sent too much?</P><P><STRONG>Congress</STRONG>: not to worry we will write the law so that if anyone gets more money than their&nbsp; 2020 tax return says they are entitled to, they won’t have to return it! Line 30 cannot be negative</P><P><STRONG>IRS:</STRONG> what happens if we make a mistake and don't send out money we should have?&nbsp;</P><P><STRONG>Congress</STRONG>: it doesn't matter.&nbsp; Remember what we stated: everything is really based on the 2020 tax return.&nbsp; There is no such thing as a 'mistake' for sending out too little because the real payment is based on the 2020 tax return in any event.</P><P><STRONG>IRS</STRONG>: Brilliant and Yes Sir, we will send out the checks.</P><P>&nbsp;</P><P>Then in December, 2020</P><P>&nbsp;</P><P><STRONG>Congress</STRONG>: do it again, same rules but use $600</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P><P>hope that helps!&nbsp;</P>
</description>
<pubDate>Fri, 16 Apr 2021 21:52:49 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211668#M206865
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-04-16T21:52:49Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211679#M206868
</link>
<description>
<P><LI-USER uid="4087597"></LI-USER>&nbsp;- you can't and should not over ride the calculations.</P><P>&nbsp;</P><P>It will invalidate the TT guarentee.</P><P>The IRS will just correct it back to the correct calculation.]</P><P>&nbsp;</P><P>why would you want to override it?&nbsp;</P>
</description>
<pubDate>Fri, 16 Apr 2021 21:56:32 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2211679#M206868
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-04-16T21:56:32Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212627#M206923
</link>
<description>
<P>I don't believe that the irs is cross checking every return for the right stimulus amounts they gave out because like I said in my other post, I only received stimulus money for myself the first 2 rounds but put in the extra amounts for my son through guidance from turbo tax and they accepted my return and sent out my return in 2 weeks. Had they checked it they would have seem the mistake or maybe they left it that way so they wouldn't have to give me the extra 1,100 I'm entitled to.&nbsp;</P><P>I still haven't amended my return yet. Not totally sure how to do it and if the irs is going to accept it since I gave them wrong amounts which I added money so that doesn't look good on my end.&nbsp;</P><P>Any advice would be appreciated&nbsp;</P>
</description>
<pubDate>Sat, 17 Apr 2021 10:50:45 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212627#M206923
</guid>
<dc:creator>Jtortora70</dc:creator>
<dc:date>2021-04-17T10:50:45Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212646#M206924
</link>
<description>
<P><LI-USER uid="4056357"></LI-USER>&nbsp;- I've learned more about how the IRS is dealing with Line 30 since posting a week ago</P><P>&nbsp;</P><P>Let's say Line 30 is overstated, and that can occur when someone UNDERSTATES the stimulus payments they received, the IRS is adjusted and correcting those returns before sending out the refunds.&nbsp;</P><P>&nbsp;</P><P>HOWEVER,&nbsp;</P><P>&nbsp;</P><P>Let's say Line 30 is understated, and that can occur when someone OVERSTATES the stimulus payments they received, the IRS is doing NOTHING.&nbsp; The only way to get this corrected is via an amendment.&nbsp; This appears to be your situation!&nbsp; If I follow correctly, you entered more stimulus than you actually received in a misguided effort to reduce Line 30 to zero, thinking you were not entitled to the money, when you really are!</P><P>&nbsp;</P><P>this FAQ is from the IRS website.....</P><P>&nbsp;</P><DIV class="collapsible-item-heading panel-heading"><H4><A href="https://www.irs.gov/newsroom/2020-recovery-rebate-credit-topic-g-correcting-issues-after-the-2020-tax-return-is-filed#collapseCollapsible1616445695482" target="_blank" rel="noopener">Q G1. I'm eligible for a 2020 Recovery Rebate Credit but did not claim it on my 2020 tax return. Do I need to amend my 2020 tax return? (added March 1, 2021)</A></H4></DIV><DIV class="collapsible-item-collapse panel-collapse collapse in"><DIV class="table-responsive"><DIV class="collapsible-item-body panel-body"><P class="visually-hidden">&nbsp;</P><P>A1. If you didn't claim the credit on your original tax return, you will need to file an<SPAN>&nbsp;</SPAN><A title="About Form 1040-X, Amended U.S. Individual Income Tax Return" href="https://www.irs.gov/forms-pubs/about-form-1040x" target="_blank" rel="noopener">Amended U.S. Individual Income Tax Return, Form 1040-X</A>. <FONT color="#FF0000"><STRONG>The IRS will not calculate the 2020 Recovery Rebate Credit for you if you did not enter any amount on your original tax return.</STRONG></FONT></P><P>You can use the Interactive Tax Assistant,<SPAN>&nbsp;</SPAN><A title="Should I File an Amended Return?" href="https://www.irs.gov/help/ita/should-i-file-an-amended-return" target="_blank" rel="noopener">Should I File an Amended Return?</A>, to help determine if you should amend your original tax return.</P><P>If you need to file an amended return to claim the Recovery Rebate Credit, use the worksheet on page 59 of the<SPAN>&nbsp;</SPAN><A title="About Form 1040, U.S. Individual Income Tax Return" href="https://www.irs.gov/forms-pubs/about-form-1040" target="_blank" rel="noopener">2020 instructions for Form 1040 and 1040-SR</A><SPAN>&nbsp;</SPAN>to determine the amount of your credit. Enter the amount on the Refundable Credits section of the 1040-X and include "Recovery Rebate Credit" in the Explanation of Changes section.</P><P>If you filed your 2020 return electronically and need to file an amended return, you may be able to file<SPAN>&nbsp;</SPAN><A title="About Form 1040-X, Amended U.S. Individual Income Tax Return" href="https://www.irs.gov/forms-pubs/about-form-1040x" target="_blank" rel="noopener">Form 1040-X</A><SPAN>&nbsp;</SPAN>electronically.</P><P>If you did not file your 2020 return electronically, you will need to submit a paper version of the Form 1040-X and should follow the instructions for preparing and mailing the paper form.</P><P>Those filing their Form 1040-X electronically or on paper can use the<SPAN>&nbsp;</SPAN><A title="Where's My Amended Return?" href="https://www.irs.gov/filing/wheres-my-amended-return" target="_blank" rel="noopener">Where's My Amended Return?</A><SPAN>&nbsp;</SPAN>online tool to check the status of their amended return.</P></DIV></DIV></DIV><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P>
</description>
<pubDate>Sat, 17 Apr 2021 11:39:30 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212646#M206924
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-04-17T11:39:30Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212656#M206925
</link>
<description>
<P>Yes, that is correct. I was given misg information on how to go about the rebate when it came to claiming my son this year. Now I went to amend my taxes turbo tax is still not allowing me (or anyone) to do this yet. They still have the same post saying they are waiting for the irs for updates and said it would be a week and that was 2 weeks ago. Patience is a virtue for sure when it comes to taxes. Lol</P>
</description>
<pubDate>Sat, 17 Apr 2021 11:52:06 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2212656#M206925
</guid>
<dc:creator>Jtortora70</dc:creator>
<dc:date>2021-04-17T11:52:06Z</dc:date>
</item>
<item>
<title>Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/tax/01/2221459#M207607
</link>
<description>
<P>I'm supposed to get $ 2000.back. There telling me I'm only getting $ 1800.00 back. I didn't get the $ 600. But I got 1400. Back &amp; $ 600. Equales $ 2000. Was something deducted.</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P>
</description>
<pubDate>Tue, 20 Apr 2021 22:52:38 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/tax/01/2221459#M207607
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T22:52:38Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221480#M207611
</link>
<description>
<P>The 600 was for the 2nd round Stimulus payment. &nbsp;You should have claimed it on your 2020 tax return. &nbsp;Check 1040 line 30 for it. &nbsp;What's on line 30?</P><P>&nbsp;</P><P>The 1,400 is the new 3rd one. &nbsp;It is not combined with the first 2. &nbsp;It comes separately and is not part of your tax return. &nbsp;</P><P>&nbsp;</P><P>So how much refund were you supposed to get on 1040 line 35a? &nbsp;Did they send you less? &nbsp;Do not include the 1400.</P>
</description>
<pubDate>Tue, 20 Apr 2021 22:58:57 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221480#M207611
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-04-20T22:58:57Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221487#M207612
</link>
<description>
<P>Sounds to me like your tax return was for 1800? &nbsp;That would be for both the 1st and 2nd rounds, 1200+600=1800. &nbsp;The 3rd 1400 is in addition to the 1800. &nbsp;</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:02:23 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221487#M207612
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-04-20T23:02:23Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221490#M207613
</link>
<description>
<P>I field the 19 the of Feb. For the six hundred because I'm on Soc Sec.&nbsp;</P><P>&nbsp;</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:02:45 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221490#M207613
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T23:02:45Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221497#M207614
</link>
<description>
<P>I haven't got the $ 600. Yet there telling me the total is $ 1800. That's not right unless something was deducted.</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:04:45 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221497#M207614
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T23:04:45Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221503#M207615
</link>
<description><P>I got $ 1400. &amp; $ 600. Equales $2000.</P></description>
<pubDate>Tue, 20 Apr 2021 23:06:31 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221503#M207615
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T23:06:31Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221508#M207616
</link>
<description><P>Where's the $ 600. I'm still waiting</P></description>
<pubDate>Tue, 20 Apr 2021 23:07:51 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221508#M207616
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T23:07:51Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221514#M207617
</link>
<description><P>I'm not the only one complaining.</P></description>
<pubDate>Tue, 20 Apr 2021 23:09:18 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221514#M207617
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T23:09:18Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221519#M207618
</link>
<description>
<P>The IRS is taking a long time for everyone. &nbsp;</P><P class="p1"><SPAN class="s1">If your return was Accepted then check IRS Where's my refund </SPAN></P><P class="p1"><SPAN class="s1"><A href="https://www.irs.gov/refunds/" target="_blank">https://www.irs.gov/refunds/</A></SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">When will you get your refund?</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://ttlc.intuit.com/community/refund-status/help/when-will-i-get-my-irs-tax-refund/01/25589" target="_blank">https://ttlc.intuit.com/community/refund-status/help/when-will-i-get-my-irs-tax-refund/01/25589</A></SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">IRS - Questions about Refunds</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions" target="_blank">https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions</A></SPAN></P>
</description>
<pubDate>Tue, 20 Apr 2021 23:11:08 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221519#M207618
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-04-20T23:11:08Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221531#M207620
</link>
<description><P>Why haven't I got my $ 600. Yet.</P></description>
<pubDate>Tue, 20 Apr 2021 23:17:06 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221531#M207620
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T23:17:06Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221534#M207623
</link>
<description>
<P><LI-USER uid="4059155"></LI-USER>&nbsp;</P><P>&nbsp;</P><P>what is on Line 30 of your tax return?&nbsp; if $600, then be patient.</P><P>&nbsp;</P><P>if another number, let's all discuss further&nbsp;</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:18:46 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221534#M207623
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-04-20T23:18:46Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221537#M207625
</link>
<description>
<P>I can't get threw the sight not excepting my info. You said my total is $ 1800. That's not right.</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:19:25 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221537#M207625
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T23:19:25Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221544#M207626
</link>
<description>
<P><LI-USER uid="4059155"></LI-USER>&nbsp;- I am trying to help you and really can't unless you can tell us what is on Line 30.</P><P>&nbsp;</P><P>I can tell you that based on what you have stated, if Line 30 is MORE THAN $600, then you are in a audit queue at the IRS since Line 30 is incorrect.</P><P>&nbsp;</P><P>if line 30 is LESS THAN $600, it will require an amendment to get the money.</P><P>&nbsp;</P><P>but again, please just 'take a chill pill' and answer the question so we can help you.&nbsp; Ranting won't get you anywhere!&nbsp;</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:21:57 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221544#M207626
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-04-20T23:21:57Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221547#M207627
</link>
<description>
<P>Did you get the 1st Stimulus payment last April last Year? &nbsp;It was for $1200. &nbsp;If you didn't get that one either then your refund should be 1200+600 = 1800.</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:24:11 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221547#M207627
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-04-20T23:24:11Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221558#M207630
</link>
<description>
<P>Another question. &nbsp;Did you efile? &nbsp;If you only get Social Security &nbsp;you might not be able to efile. &nbsp;Or did you print and mail your return? &nbsp;Better check and see if you efiled and it went through.</P><P>&nbsp;</P><P class="p1"><SPAN class="s1">You can check your efile status here<SPAN class="Apple-converted-space">&nbsp; &nbsp; &nbsp;</SPAN></SPAN></P><P class="p2"><SPAN class="s2"><A href="https://turbotax.intuit.com/tax-tools/efile-status-lookup/" target="_blank">https://turbotax.intuit.com/tax-tools/efile-status-lookup/</A></SPAN><SPAN class="s3"><SPAN class="Apple-converted-space">&nbsp; &nbsp;</SPAN></SPAN></P><P class="p3">&nbsp;</P><P class="p1"><SPAN class="s1">When you efile you get back 2 emails.<SPAN class="Apple-converted-space">&nbsp; </SPAN>The first email only confirms the transmission.<SPAN class="Apple-converted-space">&nbsp; </SPAN>The second email says if the IRS (or state) Accepted or Rejected your efile.</SPAN></P><P class="p1"><SPAN class="s1">&nbsp;</SPAN></P><P class="p1"><SPAN class="s1">When you log into your account you should also see the status and if it was Accepted or Rejected, Started, Printed, Ready to Mail, etc.&nbsp;&nbsp;What does it say?</SPAN></P>
</description>
<pubDate>Tue, 20 Apr 2021 23:28:39 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221558#M207630
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-04-20T23:28:39Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221579#M207635
</link>
<description><P>When can I expect the $ $ 600.40</P></description>
<pubDate>Tue, 20 Apr 2021 23:34:10 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221579#M207635
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T23:34:10Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221589#M207638
</link>
<description>
<P>Only the IRS can tell you. &nbsp;Are you reading all the replies and questions we have posted to you?</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:38:11 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221589#M207638
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-04-20T23:38:11Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221600#M207639
</link>
<description>
<P>I'm stating the fax I'm supposed to get $ 2000. why are they telling me $ 1800.</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:43:55 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221600#M207639
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T23:43:55Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221608#M207640
</link>
<description>
<P>Yes $ 600. Is on line 30 and for being on Soc. Sec. I get $ 40. For that. Thanks I'll just call the IRS.&nbsp;</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:47:56 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221608#M207640
</guid>
<dc:creator>Paupar58</dc:creator>
<dc:date>2021-04-20T23:47:56Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221609#M207641
</link>
<description>
<P>Who is telling you 1800? &nbsp;Is that the refund showing on your Tax return? &nbsp;I explained that. &nbsp;You get 1800 instead of 600. &nbsp;You get 1800+1400. &nbsp;The 1400 is separate and comes separately. &nbsp;</P>
</description>
<pubDate>Tue, 20 Apr 2021 23:48:36 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221609#M207641
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-04-20T23:48:36Z</dc:date>
</item>
<item>
<title>Re: Tax</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221744#M207650
</link>
<description>
<P><LI-USER uid="4059155"></LI-USER>&nbsp;</P><P>&nbsp;</P><P>if you already received stimulus #1 for $1200 and you did not receive stimulus #2 for $600 and Line 30 of your tax return is $600, than patience is the virtue to practice.&nbsp;</P><P>&nbsp;</P><P>No one on this board can help you as everything is correct.&nbsp; Please call the IRS to discuss.&nbsp;</P><P>&nbsp;</P><P>ps there is no additional $40 for being on social security.&nbsp; can you please post an article where you read that?&nbsp;</P>
</description>
<pubDate>Wed, 21 Apr 2021 00:55:08 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tax/01/2221744#M207650
</guid>
<dc:creator>NCperson</dc:creator>
<dc:date>2021-04-21T00:55:08Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233704#M208755
</link>
<description>
<P><span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="Screenshot_[phone number removed]13_Chrome Beta.jpg" style="width: 720px;"><img src="https://ttlc.intuit.com/community/image/serverpage/image-id/21555iECCC82788D431531/image-size/large?v=v2&amp;px=999" role="button" title="Screenshot_20210426-185513_Chrome Beta.jpg" alt="Screenshot_20210426-185513_Chrome Beta.jpg" /></span></P><P>I am adding this now because like you said overriding the system would void your guarantee by turbotax and even through the irs put this out there a turbotax expert told me to override it and add the 500÷600 to each one as if I received it when I never did so now I just amended my return last Friday and talked to a turbotax expert this weekend and she doesn't think I should amend it since my ex wife got the payments because she claimed our child in 2019 but I claimed him in 2020 even though I explained to her why I am eligible. I don't think they keep up with all of the tax laws as they come out because I think this one is very significant because it involves 1,100 credit. Why would the irs put this on their website if it weren't correct? I am actually going to wait a few weeks before I send it in because I&nbsp; received unemployment and paid in taxes and I filed before thay became law and received my refund so I don't want that refund to be delayed. Now with all that said, this mistake was made due to the advice of turbotax do you think that I could lose my guarantee for a employees giving me bad advice?</P>
</description>
<pubDate>Mon, 26 Apr 2021 23:31:21 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233704#M208755
</guid>
<dc:creator>Jtortora70</dc:creator>
<dc:date>2021-04-26T23:31:21Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233752#M208760
</link>
<description>
<P>The IRS is right. &nbsp;If you are claiming a child on your 2020 return you can get both the 500+600 amounts for him even if you ex got the payments based on her 2019 return. &nbsp;That is a loophole in the IRS. &nbsp;You can both get the Stimulus payments. &nbsp;</P><P>&nbsp;</P><P>You should not need to override your tax return. &nbsp;If should automatically give it to you if you qualify. &nbsp;It will be on line 30. &nbsp;Unless you don't qualify for another reason like if he turned 17 in 2020 or your income is too high. &nbsp;</P>
</description>
<pubDate>Mon, 26 Apr 2021 23:52:07 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233752#M208760
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-04-26T23:52:07Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233843#M208764
</link>
<description>
<P>That is correct but I didn't know about any of it so that is why I called a "turbotax expert" for advice and they told me to override it so now it's on me to amend my taxes and explain to the irs why I lied to them about overriding the system and adding money.&nbsp;</P><P>I read a lot about people ho underreported stimulus money but how many you think did what I did? Lol..</P>
</description>
<pubDate>Tue, 27 Apr 2021 00:28:01 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2233843#M208764
</guid>
<dc:creator>Jtortora70</dc:creator>
<dc:date>2021-04-27T00:28:01Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2234014#M208776
</link>
<description>
<P>There keeping the 600 stimulus for back taxs thats not right</P>
</description>
<pubDate>Tue, 27 Apr 2021 01:55:11 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2234014#M208776
</guid>
<dc:creator>standleyt556</dc:creator>
<dc:date>2021-04-27T01:55:11Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2243008#M209456
</link>
<description>
<P>Both the IRS and TurboTax are not calculating my stimulus correctly. I filed my 2019 taxes as MFJ and my AGI was less than $150,000. I have 3 dependents (ages 3-10), and that is how it is entered in TurboTax. With 2 adults and 3 dependents I should have received $3,900 for the 1st stimulus and $3,000 for the 2nd, but I received $3,400 for the 1st and $2,400 for the 2nd (one dependent short each time), and that is what TurboTax is saying that I should receive. I clearly have 3 dependents entered .&nbsp;What am I missing?</P>
</description>
<pubDate>Sat, 01 May 2021 13:00:29 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2243008#M209456
</guid>
<dc:creator>mdscott11</dc:creator>
<dc:date>2021-05-01T13:00:29Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2247819#M209886
</link>
<description>
<P>Your dependents have to be under 17 years old to qualify for the 1st or 2nd stimulus payment, that may be your problem.</P>
</description>
<pubDate>Mon, 03 May 2021 20:10:03 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2247819#M209886
</guid>
<dc:creator>ThomasM125</dc:creator>
<dc:date>2021-05-03T20:10:03Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2248686#M209978
</link>
<description>
<P>the recovery rebate was listed on the form&nbsp; i have never received it. the irs reduced my rebate by 1200.</P>
</description>
<pubDate>Tue, 04 May 2021 02:22:08 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2248686#M209978
</guid>
<dc:creator>434665</dc:creator>
<dc:date>2021-05-04T02:22:08Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2248740#M209983
</link>
<description>
<P class="p1"><SPAN class="s1">If you claimed a missing stimulus payment on your return but the IRS took it off you have to ask the IRS. They think they already sent it to you. Maybe it went to an account you don't remember. Or you got a check or a card. It was probably easy to miss the debit card in the mail and think it was junk mail. They have to put a trace on it.</SPAN></P><P class="p2">&nbsp;</P><P class="p1"><SPAN class="s1">How to put a trace on a missing 1st or 2nd Stimulus payment</SPAN></P><P class="p3"><SPAN class="s1"><A href="https://www.irs.gov/coronavirus/second-eip-faqs" target="_blank">https://www.irs.gov/coronavirus/second-eip-faqs</A></SPAN></P>
</description>
<pubDate>Tue, 04 May 2021 02:55:01 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2248740#M209983
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-05-04T02:55:01Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2261309#M211070
</link>
<description>
<P>This is the same issue I'm having.&nbsp; Turbo Tax will calculate correctly the amount my wife and I have received based on our 2020 incomes.&nbsp; However, it is NOT including the $500 and $600 for my child born in 2019, who was not on our 2020 taxes.&nbsp; So we're $1,100 short.</P>
</description>
<pubDate>Mon, 10 May 2021 07:22:38 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2261309#M211070
</guid>
<dc:creator>gdam22</dc:creator>
<dc:date>2021-05-10T07:22:38Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2261806#M211106
</link>
<description>
<P>Why is your child not on your 2020 return? &nbsp;The Recovery rebate credit is only based on 2020 now. &nbsp;You can't get it on 2019 anymore.</P><P>&nbsp;</P><P class="p1"><SPAN class="s1">Sorry if you do not qualify for the Recovery Rebate Credit because your child is not on 2020 &nbsp;then you will not be able to get the missed stimulus payment.</SPAN></P>
</description>
<pubDate>Mon, 10 May 2021 15:01:59 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2261806#M211106
</guid>
<dc:creator>VolvoGirl</dc:creator>
<dc:date>2021-05-10T15:01:59Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2302172#M214757
</link>
<description>
<P>How do you find the amount that you submitted for stimulus check 1 and 2 in your tax return on TurboTax? We are amending our tax return and need that information to proceed but are unable to find this on the site and we don't recall what we put in the form.&nbsp;</P>
</description>
<pubDate>Wed, 26 May 2021 00:36:09 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2302172#M214757
</guid>
<dc:creator>awn85410</dc:creator>
<dc:date>2021-05-26T00:36:09Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2302293#M214762
</link>
<description>
<P>I amended my return for the same reason and you won't get to that part til you go through your 1040x on turbotax. Just continue through it and it will be towards the end of your amended return. You should be able to change your amounts where you had put them on your original return. Don't forget to write the reason for amending your taxes also.&nbsp;</P>
</description>
<pubDate>Wed, 26 May 2021 03:15:18 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2302293#M214762
</guid>
<dc:creator>Jtortora70</dc:creator>
<dc:date>2021-05-26T03:15:18Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2307159#M214996
</link>
<description>
<P>I have 2 daughters. One is 4 years old, born in 2017 and the other is less than one but born in 2020. I should have received additional stimulus for them as both of them were born in 2020 or before, but I didn't have a social security number for them. I have them now and should be able to get the funds that weren't available to me previously, but TT is saying that I've gotten all the stimulus that I qualify for. I don't make more than 75,000 a year. Not even close.</P>
</description>
<pubDate>Wed, 02 Jun 2021 05:25:54 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2307159#M214996
</guid>
<dc:creator>UnbentSlinky</dc:creator>
<dc:date>2021-06-02T05:25:54Z</dc:date>
</item>
<item>
<title>Re: Turbo tax Not calculating stimulus correctly</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2307209#M214997
</link>
<description>
<P>My only suggestion is to make sure that all four social security numbers are entered correctly in TurboTax.&nbsp; That was my issue.</P>
</description>
<pubDate>Wed, 02 Jun 2021 12:20:22 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-turbo-tax-not-calculating-stimulus-correctly/01/2307209#M214997
</guid>
<dc:creator>Kurt8</dc:creator>
<dc:date>2021-06-02T12:20:22Z</dc:date>
</item>
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