Solved: Did Not Receive Third Stimulus, Yet Turbo Tax Wants to Give $2800 Credit

Emiguy · Jan 21, 2022 4:50:33 PM

When I answered question about 3rd stimulus check in 2021, I said no. Yet Turbo Tax says my wife and I are entitled to $2800 credit, which increases our 2021 refund by $2800.Our gross income for 2021 was $115,000 and our gross income in 2020 was $225,000 (cap gain on sold property). We filed our 2020 tax return on Feb 5, 2020 before the third stimulus checks were issued. What is not clear to me is for the third stimulus check, what tax year was it based on?On the Internet answers I get answers that IRS used gross income data when sending out third stimulus.So if I filed Feb 5 2021, which gross income did the IRS use? Turbo Tax says I get the $2800 credit.Can someone advise if Turbo Tax is right in my case. Thanks,James Engles

Did Not Receive Third Stimulus, Yet Turbo Tax Wants to Give $2800 Credit

@ivanasusko Look at your 2021 Form 1040. Is there an amount on line 30? If line 30 shows $1400---that is your 3rd stimulus in the form of the recovery rebate credit. If line 30 does not have $1400, and you truly did not receive the 3rd EIP, then you answered something incorrectly in Federal Review or you may not be eligible. Can you be claimed as someone else's dependent for 2021?

If you made some sort of mistake and still are not receiving the $1400 ---if you are eligible, you will need to wait for your return to be processed and then amend to get the recovery rebate credit.

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