Stimulus entry increase refund

Forum|Forum|5 years ago
January 31, 2021
1 reply
9 views

My wife and I received the first and second stimulus payments, $600 for each of us both times, the second on 1.1.2021. After entering what we hope was correct information on the "Recovery Rebate Credit Worksheet" our refund increased by $1,200. This does not seem right. I would think it would be $0 but do not know how to correct it. We checked Box 1=no, Box 2=yes, Line 5=@2400, Line 8=$1200, Line 13=no, Line 16 EIP1=$1200, and Line 19 EIP 2=$1200. This gives me a $1,200 additional refund which does not seem possible or right. I did do an 'update' of Fed and State forms and still the same. We are both seniors but I am still working. Please help since I would like to hope the bonus is real, but too good to be real!

Best answer by MaryK4

Check your entry for Line 16- this was the first payment (April/May 2020). Eligible individuals who file a joint tax return will receive up to $2,400 - so if you did only receive $1,200 you would have another $1,200 due.

In general we do not recommend entering information directly on the worksheets.