topic 2nd stimulas in Other financial discussions

2nd stimulas

heatherfreedom01 — Thu, 21 Jan 2021 17:40:23 GMT

What happens if I got My second stimulas after I filed my taxes and I claimed on taxes i did not recieve it and it was added into my return , when i filed i did not have it but it showed up in my account 2 days later. Will it be deducted from my returns ?

Re: 2nd stimulas

DoninGA — Thu, 21 Jan 2021 17:44:42 GMT

The IRS should adjust your 2020 federal tax return by removing the credit form the Form 1040 Line 30. This will either reduce your tax refund or increase the amount of taxes owed on the adjusted tax return.

The IRS will start accepting or rejecting 2020 tax returns on February 12, 2021