I saw that TurboTax announced that stimulus checks are finally being released as the 8th, but I wasn't completely sure -
Do I still need to claim the Recovery Rebate Credit on my taxes to get my check, or am I in the clear to just wait until I see it show up in my bank account? I just needed a solid answer since I wasn't completely sure!
You'll need to sign in or create an account to connect with an expert.
WAIT WAIT WAIT ....
The IRS will stop mailing checks on 1/15 so if you don't get it by the time the efiling opens at the end of the month you can apply for the missing money on the 2020 return.
CAUTION to those eager to jump the gun ... if you do NOT enter the correct amount of stimulus the IRS did pay you in advance then expect your eagerness to delay your return being processed. And since the IRS is still suffering from understaffing due to the covid situation and perpetual underfunding and they are also stretched thin managing the last minute tax law/form changes on top of sending out second stimulus payments expect the delays to be long.
The questions are in the section Federal Review, near the end of the TurboTax interview.
Once the information is entered you will see your refund increase or balance due decrease, and TurboTax will enter the amount of the credit on Line 30 of Form 1040 for you.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
gk5987
New Member
397fcad57313
New Member
a92ad2adb413
New Member
Eckert_2005
Level 2
JKRV
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.