topic 3rd Stim Payment for New Dependent in Deductions & credits

3rd Stim Payment for New Dependent

bpwebb12 — Sun, 27 Feb 2022 21:20:51 GMT

We are mfj and I've confirmed out income is under the thresholds. We had a child in 2021. When I first started filling in the info I hit yes that we received all our stimulus money, but I realized after that we never received anything for our child. I can't figure out how to go back and edit that response. The help said it would pop up when we went into review, but it didnt.

Re: 3rd Stim Payment for New Dependent

DanaB27 — Sun, 27 Feb 2022 21:34:29 GMT

Please follow these steps to get back to the stimulus question:

After entering all your information click "Search" at the top right and type "Stimulus".
Follow the jump to link (if you do not qualify for the Recovery Rebate Credit the stimulus questions will not come up).
On the screen "Let's double-check the amount you received" you will be asked about the amount of third stimulus payment you received. TurboTax will then calculate the amount of stimulus payment remaining that you are still entitled to get.
Any stimulus amount remaining due to you will show as The Recovery Rebate Credit on line 30 of Form 1040.

Please see What are the eligibility rules for the Recovery Rebate Credit? for additional information.

Please make sure, that when yo entered your child as a dependent that you selected that your child lived with you all year. A child born in 2021 is have deemed to have lived with you all year.

Click "My Info" from the left side of your screen
Click “Edit” next to your child's name

Re: 3rd Stim Payment for New Dependent

VolvoGirl — Sun, 27 Feb 2022 21:38:48 GMT

To get to the stimulus questions in TurboTax at any time, you can search for stimulus or recovery rebate credit then hit ENTER and there should be a Jump to link (screen shot)

If you are trying to trigger it,
Click on Other Tax Situations at top
Click on Let's get started
Answer some questions then Continue
Then click on Let's keep going
Next screen is for the Third Stimulus, if you qualify