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New Member
posted Jan 7, 2021 8:45:49 AM

Have they added where you put in if you receive the second stimulus payment I don’t see the credit I didn’t receive mine due to TurboTax

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3 Replies
Level 15
Jan 7, 2021 8:46:25 AM

Note - The 2nd stimulus payment has not yet been included in the calculations for the Recovery Rebate Credit due to the IRS not yet finalizing the calculations on the Form 1040.  The Form 1040 is scheduled to be updated sometime today, 01/07/2021.  Although this is subject to change.

Level 15
Jan 7, 2021 8:51:20 AM

Do you see 2 boxes one for each?  If you didn't get one enter a 0, don't leave it blank.  It's in the Desktop program and calculated the second one.  

Level 15
Jan 7, 2021 11:17:54 AM

When updated, the program will have two boxes, to enter the first and second payments separately. We expect an update sometime today but we have no control over that.  You don’t need to be in a hurry to file your tax return. The IRS will open e-filing no earlier than January 27. Although TurboTax may open e-filing earlier than that, early returns will only go into cold storage.