Third Economic Impact Payment

Forum|Forum|4 years ago
February 15, 2022
2 replies
0 views

My 47 year old son's only income is Social Security Disability of $18,000. He did receive $1,400 third impact payment. The turbotax calculator is showing $1,400 tax due. I believe this is incorrect.

Best answer by Vanessa A

Sorry I misspoke - “he” received the 1400. He is a single taxpayer and takes the standard deduction. He is not claimed on anyone else’s tax return.

Did you enter twice that he received the $1,400? You may want to use clear and start over by clicking Tax Tools>>Clear and Start over.

If your sons only income is social security, then he should not owe anything.

xmasbaby0

Level 15

If your son's only income is Social Security then he is not required to file a tax return unless he has a 1095A for health insurance from the marketplace. If he already received the $1400 stimulus then he cannot get it again on a 2021 tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

kenofprAuthor

Level 2

I like to file even though it is not required just to document his financial situation. I have been able to use TurboTax to accurately do so in the past. The program should not indicate that taxes are due when they are not. Others might follow the TurboTax result and be asked to refund the payment - incorrectly.

Vanessa AAnswer

Level 15

Sorry I misspoke - “he” received the 1400. He is a single taxpayer and takes the standard deduction. He is not claimed on anyone else’s tax return.

Did you enter twice that he received the $1,400? You may want to use clear and start over by clicking Tax Tools>>Clear and Start over.

If your sons only income is social security, then he should not owe anything.

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N140ora

Level 2

I just completed a pass through TT. Never asked nor can I locate where to enter my Economic Impact Payment.

Help?

xmasbaby0

Level 15

@N140ora The questions about the recovery rebate credit are in Federal Review. If the questions do not appear for you then either you said you can be claimed as someone else's dependent or your income it too high and you are not eligible.