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posted Jan 30, 2021 8:27:21 AM

Turbotax suggesting I did not receive my full stimulus amount

When entering the information for taxes in the "reporting stimulus money" Turbo tax is suggesting I did not receive the full amount. I did receive the right amount for the reasons below, but I cant change what turbotax is going to fill in. It says there could be delays to my filing if the IRS has to double check this amount (and they will because its wrong)

 

We received $2400 (first round) - 2 adults

                        $1200 (second round) - 2 adults

My son does not count because last year (2019) his dad claimed him on his taxes and he got the stimulus $

My other son was born in March 2020 and didnt qualify for the stimulus - to my knowledge (based on 2019 tax filing)

 

So Turbo tax thinks I missed out on stimulus money for both kids but I think this is wrong and I dont want to get in trouble with the IRS

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1 Replies
Level 15
Jan 30, 2021 8:30:35 AM

Yes you can get the Stimulus for both kids on your 2020 return.  That is a benefit or loophole.  Some people can get double for dependents.  You don't have to pay it back.  The checks are really based on your 2020 return.