How do I submit a Recovery Rebate Credit?

[bluedeb · Accepted solution]

For any stimulus money you did not receive (first or second stimulus money or you did not receive the full amount, you can claim it on your 2020 tax return (which you file in 2021).  The second stimulus money can be claimed on your 2020 return if you have not received it by Jan. 15th.

On your 2020 return (filed in 2021), you will be asked about the stimulus money. Enter any amount you have already received (if any) . Then the program will calculate if you are owed more money (which would include any amount you qualify for the second stimulus money), or it will show you don't qualify.

After the Other Tax Situations section (Federal Review) of the 2020 TurboTax program you will be asked about the stimulus payment received or not received in 2020.

After you asked about the stimulus payment & you qualify, you will get the Recovery Rebate Credit (stimulus) on the 2020 federal tax return, Form 1040 Line 30.