If you received the full amount of both stimulus payments in 2020 (Economic Impact Payments), you won’t get any additional Recovery Rebate Credit on your 2020 return since you’ve already received the full amount of the credit as stimulus payments.
If you didn't receive the full amount for your first or second-round stimulus payments, we'll help you claim the Recovery Rebate Credit when you file your 2020 taxes or your 2020 amended return. We'll make sure you get the money you qualify for by double-checking the amount and quantity of stimulus payments you received.
Here’s how to claim the Recovery Rebate Credit:
- Enter all of your federal return information as you would normally
- During the Federal Review, we’ll check if you meet eligibility requirements for the stimulus payment
- If you meet the requirements, you'll see the Did you get a first or second stimulus? screen
- Answer a few questions about any payments you've already received and then we'll let you know if the Recovery Rebate Credit applies
- If you need to make any changes to your stimulus credit responses, search for stimulus and select the jump-to link to return to the section. Enter your updated info and Continue
It’s important that you enter the correct amount of each stimulus payment you received. The first stimulus payments were made between April and September of last year, while the second round of payments were delivered during January and February. You can find the exact amount:
- On your IRS letter-Notice 1444/1444-B which were mailed to you with the headline, “Your Economic Impact Payment Has Arrived” and were signed by the president, or
- By visiting the IRS View Your Account Information page and creating or accessing your account, or
- In your bank statements. You might be able to search your online statements for deposits made by the IRS or US Treasury