How do I get stimulus money from having a baby in 2020?

lindenm92 — Tue, 16 Mar 2021 23:54:45 GMT

Re: How do I get stimulus money from having a baby in 2020?

gloriah5200 — Wed, 17 Mar 2021 00:13:59 GMT

You would complete the Recovery Rebate Credit section of your 2020 return claiming the child. You would enter the amount of stimulus check you received in 2019 in the box and any amount you received in 2020. The software will then add any additional amount you are entitled to get into your refund amount

Re: How do I get stimulus money from having a baby in 2020?

VolvoGirl — Wed, 17 Mar 2021 00:19:34 GMT

You should get $1,100 (500+600) on 1040 line 30. A child born (even on Dec 31) is considered to live with you the whole year. So be sure to pick the Whole Year at the top of the drop down box under My Info.

When you go through the federal review tab it will ask how much you already got if any. Enter a 0 in the box if you didn't get one. Or to enter your stimulus payment in TurboTax, type "stimulus" (without the quotes) in the Search box, then click the link that says "Jump to stimulus."

After you have entered your tax information and are ready for the Federal Review, it will be the first question.

If you are trying to trigger it, you can go to Other Situations, answer any questions and click Done. The next automatic selection is Federal Review and it will ask about payments received.

The Recovery rebate credit is on 1040 line 30. It either adds to your refund or reduced a tax due.

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

topic How do I get stimulus money from having a baby in 2020? in Business & farm

How do I get stimulus money from having a baby in 2020?

Re: How do I get stimulus money from having a baby in 2020?

Re: How do I get stimulus money from having a baby in 2020?