Does everyone on the tax return report a Social Security number?
The TurboTax software adds together the entries that you made for receiving stimulus check 1 and stimulus check 2. Then the software computes the amount of your stimulus check amounts based upon the information that has been entered into the tax software.
If you are due an additional amount, it will be issued as a Recovery Rebate Credit (RRC) on line 30 of the 2020 1040 tax return.
If you believe that the Recovery Rebate Credit (RRC) on line 30 of the 2020 1040 tax return is not correct, then you should:
- Check the amounts entered for stimulus check 1 and stimulus check 2, and
- Make sure that you have correctly entered your dependent information.
If there is a difference, it is in one or both of these situations.
In TurboTax Online, you are prompted to input stimulus check 1 and stimulus check 2 information under Review down the left hand side of the screen. You may also access your stimulus check choices by following these steps:
- Down the left side of the screen, click on Federal.
- Across the top of the screen, click on Other Tax Situations.
- At the screen Let’s keep going to wrap up. Click on Let’s keep going.
- At the screen Let’s make sure you got the right stimulus amount, click Continue.
- At the screen Did you get a stimulus payment? you can update your stimulus check entries.
The child must be reported as a qualifying child. This IRS FAQ states:
Who is considered a qualifying child?
A qualifying child is a child who meets the following conditions:
- Relationship to the individual who’s eligible for the payment: The child is your son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of any of them (for example, grandchild, niece, or nephew).
- Child's age: The child was under age 17 on December 31, 2019.
- Dependent of the individual who's eligible for the payment: The child was claimed as your dependent on your 2019 tax return or in the Non-Filers: Enter Payment Info Here tool.
- Child's citizenship: The child’s a U.S. citizen, U.S. national, or U.S. resident alien.
- Child's residency: The child lived with you for more than half of 2019.
- Support for child: The child didn’t provide over half of their own support for 2019.
- Child's tax return: The child doesn’t file a joint return for the year (or files it only to claim a refund of withheld income tax or estimated tax paid).
First stimulus payment states:
Eligible individuals who file a joint tax return generally received up to $2,400 for themselves. All other eligible individuals received up to $1,200 for themselves. Those with qualifying children received up to an additional $500 per qualifying child.
Second stimulus payment states:
Eligible individuals who filed a 2019 joint tax return will receive up to $1,200, and all other eligible individuals will receive up to $600. Those with qualifying children on their 2019 tax return will receive up to $600 in additional payment per qualifying child.
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