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Jimbar
Returning Member

Recovery Rebate Credit not correct

Turbo Tax says I should get a total of $3600 for the first two stimulus payments and when I entered what we actually were paid of $2241 the Recovery Rebate Credit says we will get $324 instead of the difference of $1359?  how do I get this corrected?

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1 Reply
ErnieS0
Expert Alumni

Recovery Rebate Credit not correct

It’s not possible to tell whether the number is correct without knowing your AGI. If you did not get the $3,600, it means you are still in the phase-out range.

 

The TurboTax calculation uses the IRS Recovery Rebate Credit worksheet that is in the IRS Form 1040 tax booklet. If your income and actual payment amounts are correct, your credit should be as well.

 

TurboTax customers can get a line-by-line review where tax expert looks over every line of your return and files it for you. If tax experts look at more than one or two areas of your tax return, IRS regulations require them to sign and file your return for you. There's no extra charge for Line by Line Review for TurboTax Live customers.

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