Recovery rebate credit on amended return

[Anna Moody]

Hello- I amended my return to claim the recovery rebate credit for EIP2. It didn’t show I was getting a federal refund but I do see the credit on line 30 of 1040. Did I do something wrong? I don’t see the credit on 1040X. 

[Irene2805]

The recovery rebate will show on the 1040X on line 15 - Refundable Credits.  It may not have a label on it.  [See screenshot, below.]

[Anna Moody]

If I amended my return and claimed the credit, why would it not show up on line 15? Do I need to file another amended return?

[Anna Moody]

I see on my amended  return that the credit was taken on form 1040 line 300. But no credit on form 1040x. My refund on 1040 increased by $600. Will that still be paid out to me?

[CatinaT1]

Yes.  As long as you see it on line 30.  It's not a typical credit that will show on the credit line of a 1040X.

[Opus 17]

EIP 2 would have been automatically credited to you when you prepared your first return if you qualified, and you would have had to take a specific step to remove it.  In order for the IRS to accept the amended return and pay an additional $600, you would have to be in a situation where you changed some other facts on your return to make you eligible, or you accidentally removed the credit when you filed the first time.  So it's not clear you are actually eligible.  More information might be helpful. 

[Anna Moody]

The IRS sent me EIP2 at the beginning of the year but my bank account and address changed. So I never received the credit. I had already filed my taxes but since it has been 8 weeks since the credit was sent to me, I filed an amended return to claim the credit. My income is below the threshold so I am eligible. 

[NCperson]

suggest calling the IRS; amending is unlikely going to get you anywhere.

[Opus 17]

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@Anna Moody wrote:

The IRS sent me EIP2 at the beginning of the year but my bank account and address changed. So I never received the credit. I had already filed my taxes but since it has been 8 weeks since the credit was sent to me, I filed an amended return to claim the credit. My income is below the threshold so I am eligible. 

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Refer to the FAQ on this page for lost or stolen payments.  The IRS indicates you must initiate a Trace to verify that the payment was not cashed.  If you file an amended return before you initiate the trace, the IRS might refuse to pay it, since their computer will still think that EIP 2 was issued to you.

https://www.irs.gov/coronavirus/second-eip-faqs#paymentlost

[Bulik]

The IRS wants to explain my entry on line 15 on form 1040x.  The 1040x form was returned to me. Column A is 0 but column B and C has same amount on my  original1040 line 30.  Is is ok just to manually write in hand written mark x on "other" on line 15 and specify it as "recovery rebate credit"?

[ThomasM125]

It would be OK to mark the line 15 box and enter the explanation. I'm am confused by what you said though, as you seem to indicate that your original return had your recovery rebate credit amount listed on line 30 of your form 1040. So, if you already had the rebate credit listed on your tax return, then why are you amending it?

[Bulik]

@ThomasM125  The reason for my amend is to change filing status and add dependent. The Turbo tax didn't mark other on line 15 of 1040x form and didn't specify that it is for recovery rebate credit, that is why the IRS is asking to explain the number I entered on line 15.  

[Anna Moody]

I initiated the trace on April 1st and haven’t heard anything. I did notice the EIP 2 went from $600 to $0 on my irs account page. Should I refill the amended return now that the trace happening? I am unable to get anyone on the phone with the IRS. 

[Anna Moody]

I also haven’t gotten my EIP 3...

[AmyC]

@Anna Moody No, if you are tracing the payment with the IRS and can see that the $600 they thought they gave you went to zero, give them time to finish the job. If there is no progress in a month, then call them back. 

The EIP3 may still be issued to you or can be claimed on next year's taxes.