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sakeenamcintyre
New Member

Economic impact payment

How do I claim the economic impact relief to my 2020 taxes
1 Best answer

Accepted Solutions
bluedeb
Level 15

Economic impact payment

On your 2020 return, you will be asked about the stimulus money.

 

After the Other Tax Situations section of the 2020 TurboTax program you will be asked about the stimulus payment received or not received in 2020.

 

After you asked about the stimulus payment & you qualify,  you will get the Recovery Rebate Credit (stimulus) on the 2020 federal tax return, Form 1040 Line 30.

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1 Reply
bluedeb
Level 15

Economic impact payment

On your 2020 return, you will be asked about the stimulus money.

 

After the Other Tax Situations section of the 2020 TurboTax program you will be asked about the stimulus payment received or not received in 2020.

 

After you asked about the stimulus payment & you qualify,  you will get the Recovery Rebate Credit (stimulus) on the 2020 federal tax return, Form 1040 Line 30.

View solution in original post

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