topic 3rd stimulus check taxing issues in Deductions & credits

3rd stimulus check taxing issues

stjujohn — Mon, 09 Mar 2026 05:21:23 GMT

while the IRS and TT both says its not taxable.. when i put the amount received in, the Federal Taxes number changes/increase.

if it's not taxable, then why would it increase, shouldn't the Federal Tax numbers/$ stay the same.

if we were missing a payment then yes i would expect a change to happen.

Re: 3rd stimulus check taxing issues

VolvoGirl — Mon, 21 Feb 2022 21:10:09 GMT

It is not taxable and you aren't paying it back. Your 2021 return starts out by assuming you didn't get any Stimulus payments so it gives you credit for the full amount and your refund was too high. Then near the end you enter how much you actually got so it only gives you the difference if any. So you don't get it again.

Look at your tax return. It is not added as income anywhere or subtracted anywhere. The Recovery rebate credit on line 30 is only if you didn't get the Stimulus payment or qualify for more.

Before filing, You can preview the 1040 or print the whole return

https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160

TRY THIS.....

So do this to check. Put down 0 for the Stimulus payments like if you didn't get it. Then look at your return especially line 30 and see that Turbo Tax gives you the 1400 or 2800 credit on line 30. See what your refund is. Then go back and enter the amounts you already got and check your return. You don't get credit for it again on line 30 since you already got it.

Re: 3rd stimulus check taxing issues

stjujohn — Mon, 21 Feb 2022 21:42:44 GMT

why assume no stimulus , and give credit, and not just wait for the answer? it would save both groups time and energy, for those of us on this side from researching and then having to ask the same/similar questions, and you having to answer them all..

nevertheless thanks for the info..