In 2019 I'm a NRA, but in 2020 I am a resident, and I am supposed to receive the covid stimulus check, while we still haven't filed tax for 2020 so I didn't receive the 600 check. I found in the irs website it said in this case I can get recovery rebate credit in my 2020 tax filling, how should I proceed this in Turbotax? Thanks
On your 2020 return (filed in 2021), you will be asked about the stimulus money. Enter any amount you have already received (if any) . Then the program will calculate if you are owed more money (which would include any amount you qualify for the second stimulus money), or it will show you don't qualify.
After the Other Tax Situations section (Federal Review) 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.
On your 2020 return (filed in 2021), you will be asked about the stimulus money. Enter any amount you have already received (if any) . Then the program will calculate if you are owed more money (which would include any amount you qualify for the second stimulus money), or it will show you don't qualify.
After the Other Tax Situations section (Federal Review) 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.
Are you sure? Similar boat, I received my first one but not the second one — I closed the checking account between payments. Confirmed was sent back to IRS.
I cannot for the life of me figure out any place to enter the recovery rebate credit. No joke I have gone completely thru the turbotax process at least 3 or 4 times start to finish and never get asked about any stimulus payments. I have my 1040s ready to file and see line 30 left blank.
Can i just print this off and edit it myself?
@Lamar8 wrote:
Are you sure? Similar boat, I received my first one but not the second one — I closed the checking account between payments. Confirmed was sent back to IRS.
I cannot for the life of me figure out any place to enter the recovery rebate credit. No joke I have gone completely thru the turbotax process at least 3 or 4 times start to finish and never get asked about any stimulus payments. I have my 1040s ready to file and see line 30 left blank.
Can i just print this off and edit it myself?
Are you eligible to receive the second stimulus payment based on the 2020 federal tax return? Did you indicate in the My Info section you can be claimed as a dependent?
The stimulus questions are asked in the Federal Review section of the TurboTax program. Any payment you were eligible to receive based on the 2020 Federal tax return but did not receive will be entered on the Federal tax return, Form 1040 Line 30 as a tax credit. The credit is included in the federal tax refund or it will reduce the amount of federal taxes owed.
I am not eligible for the tax credit for my 2020 tax returns (filing now, 2021). But I was eligible based off my 2019 tax returns (filed 2020). I received the first stimulus payment, but not the 2nd. I called the bank that I used to have the checking account with and they verified IRS tried to send the 2nd payment, but since account was closed, sent it back to the IRS.
I did not list myself as a dependent. Just went thru it again, no stimulus questions pop up.
@Lamar8 wrote:
I am not eligible for the tax credit for my 2020 tax returns (filing now, 2021). But I was eligible based off my 2019 tax returns (filed 2020). I received the first stimulus payment, but not the 2nd. I called the bank that I used to have the checking account with and they verified IRS tried to send the 2nd payment, but since account was closed, sent it back to the IRS.
I did not list myself as a dependent. Just went thru it again, no stimulus questions pop up.
The stimulus payments were an advance tax credit from the 2020 federal tax return. If you are not eligible on the 2020 tax return then you cannot receive the 2nd stimulus as a tax credit.
I filed my 2020 with Turbo in February 2021. which stated I qualified for the $600 2nd stimulus. But I only received the 3rd $1400 payment. I received the 1st Payment May 2020 of $1200. I am missing the 2nd Stimulus of $600.. Ned to file Recovery Rebate credit to get the $600
If you filed your tax return for 2020 but there wasn't a recovery rebate credit listed on line 30 of it, then you should wait until you receive your refund to see if it is included with it even though it wasn't on your tax return. If not, you can file an amended return in TurboTax to include the recovery rebate credit and you should receive your missing stimulus payment of $600.
A long these same lines, we never received our checks as our 2019 taxes were too high. From what I've read, the amount is based on the Adjusted Gross Income, but Turbotax reduced our Rebate stating it is based on Gross Income. Are the articles I've seen wrong?
@MT55 wrote:
A long these same lines, we never received our checks as our 2019 taxes were too high. From what I've read, the amount is based on the Adjusted Gross Income, but Turbotax reduced our Rebate stating it is based on Gross Income. Are the articles I've seen wrong?
The Recovery Rebate Credit on a 2020 federal tax return is only based on the 2020 AGI, your filing status and number of dependents under the age of 17.
IRS website for the RRC - https://www.irs.gov/newsroom/recovery-rebate-credit
IRS website for the RRC FAQ's - https://www.irs.gov/newsroom/recovery-rebate-credit-frequently-asked-questions
The income limit for stimulus checks is based on your adjusted gross income as listed on line 11 of your 2020 form 1040.
I never got the 600 or the 1400 from it's. I had to mail the return which showed I had no tax, according to turbo tax. That was April 21 2021. Still no refund is coming to me.
@Nancyzala wrote:
I never got the 600 or the 1400 from it's. I had to mail the return which showed I had no tax, according to turbo tax. That was April 21 2021. Still no refund is coming to me.
The IRS is seriously behind in processing 2020 tax returns. This is due to many factors, such as the pandemic, completing processing of millions of 2019 tax returns, stimulus payments, unemployment compensation exclusion tax refunds., changes in the tax code by Congress in the middle of the 2020 tax season and the like.
Millions of taxpayers have not yet received there federal tax refunds.
Go to this IRS website for operational status - https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue
As of July 17, 2021, we had 15.6 million unprocessed individual returns. Unprocessed individual returns include tax year 2020 returns such as those requiring correction to the Recovery Rebate Credit amount or validation of 2019 income used to figure the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC). This work does not require us to correspond with taxpayers but does require special handling by an IRS employee so, in these instances, it is taking the IRS more than 21 days to issue any related refund and in some cases this work could take 90 to 120 days. If, as a result, a correction is made to any RRC, EITC or ACTC claimed on the return, the IRS will send taxpayers an explanation. Taxpayers are encouraged to continue to check Where’s My Refund? for their personalized refund status and can review Tax Season Refund Frequently Asked Questions.
What you should do: In most instances, no further action is needed but you may check Where’s my refund or you can view your account. If you filed electronically and received an acknowledgement, you do not need to take any further action other than promptly responding to any requests for information. If you filed on paper, check Where’s my refund? If it tells you we have received your return or are processing or reviewing it, we are processing your return, but it may be under review. We’re working hard to get through the backlog. Please don’t file a second tax return or contact the IRS about the status of your return.
Mailed tax returns are taking a VERY long time to be processed. You are among millions of people waiting for a mailed return to be processed. The IRS is very backlogged. All you can do is be patient. If you were getting a recovery rebate credit it is shown on line 30 of your Form 1040. The IRS is reviewing every return that has an amount on line 30, so it takes a long time.
The $1400 is not shown on your 2020 return. That EIP is issued separately and later by the IRS. No one at TurboTax can tell you when it will be sent.
TurboTax cannot track your 3rd stimulus or tell you when it will arrive. The IRS is issuing 3rd stimulus checks on its own timetable.
You can use the IRS Get My Payment site to see what is expected for your 3rd stimulus check:
https://www.irs.gov/coronavirus/get-my-payment
https://www.irs.gov/coronavirus/get-my-payment-frequently-asked-questions
From this IRS website - https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue
As of June 23, 2021, we had 17.5 million unprocessed individual returns in the pipeline. Unprocessed returns include tax year 2020 returns such as those requiring correction to the Recovery Rebate Credit amount or validation of 2019 income used to figure the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC). This work does not require us to correspond with taxpayers but does require special handling by an IRS employee so, in these instances, it is taking the IRS more than 21 days to issue any related refund. If, as a result, a correction is made to any RRC, EITC or ACTC claimed on the return, the IRS will send taxpayers an explanation. Taxpayers are encouraged to continue to check Where’s My Refund? for their personalized refund status and can review Tax Season Refund Frequently Asked Questions.
How long you may have to wait: The IRS understands the importance of timely processing of tax returns and refund issuance. We have processed all error free returns received prior to 2021, and continue to work the returns that need to be manually reviewed due to errors. We are rerouting tax returns and taxpayer correspondence from locations that are behind to locations where more staff is available, and we are taking other actions to minimize any delays. Tax returns are opened and processed in the order received. As the return is processed, it may be delayed because it has a mistake including errors concerning the Recovery Rebate Credit, is missing information, or there is suspected identity theft or fraud. If we can fix it without contacting you, we will. If we need more information or need you to verify that it was you who sent the tax return, we will write you a letter. The resolution of these issues depends on how quickly and accurately you respond, and the ability of IRS staff trained and working under social distancing requirements to complete the processing of your return.
What you should do: If you filed electronically and received an acknowledgement, you do not need to take any further action other than promptly responding to any requests for information. If you filed on paper, check Where’s my refund? If it tells you we have received your return or are processing or reviewing it, we are processing your return, but it may be under review. We’re working hard to get through the backlog. Please don’t file a second tax return or contact the IRS about the status of your return.
I have been trying to file my 2020 taxes since October. Each time being rejected for more information. I can not pull that document up to correct or add more information requested. I have been putting information in but it is going on the 2021 file. I can not get it backed out so I can complete 2020. I have tried following the instructions sent to me but I don't get the options to correct the 2020 tax form. Joanne H. [email address removed]. Thank you for your support. This will be a joint filing for the $1,200 covid stimulus for 2020.
You will be able to access the return you started by using the exact same account and user ID that you used when you started it. But you can no longer use online software for any further changes.
Online tax preparation and e-filing for 2020 returns is now permanently closed. Now it is too late to use online software or to e-file. If you have any changes/corrections at all to make to your 2020 return, you now have to complete it using desktop software, which you must download to a full PC or Mac (not to a mobile device).Then you need to print, sign and mail it.
If you already paid for your online software you can ask customer support for a download of the desktop software.
They are available from 5 a.m. to 5 p.m. Pacific time Monday-Friday.
https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number
If you are getting a refund, there is no penalty for filing late. If you owe tax due, then file and pay the amount due as shown on the Form 1040, but expect a bill later from the IRS for the penalty and interest you will owe. Only the IRS will calculate this—TurboTax will not calculate it.
When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. Use a mailing service that will track it, such as UPS or certified mail so you will know the IRS/state received the return.
Federal and state returns must be in separate envelopes and they are mailed to different addresses. Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.
There were 2 Stimulus payments in 2020. Did you get the first one which was $1,200 for each spouse, so 2,400? Then the second Stimulus payment is 600 per person. So the total for 2020 for married Joint is 3,600.
The second Stimulus payment would have come between Dec 2020 and Feb 2021. So if you got it in 2021 it was for 2020.
Only the third stimulus of $1,400 can be claimed on the 2021 tax return.
If you are eligible but did not receive your third stimulus payment or if the amount received is not correct or if you did not receive the stimulus for a dependent, you can claim it on your 2021 tax return as the Recovery Rebate Credit.
In TurboTax Online, to claim the Recovery Rebate credit please do the following:
Please read this TurboTax Help topic for more information on the third stimulus.
To check that the Recovery Rebate has been transferred to line 30 of form 1040 and included in your tax refund, please preview your form 1040 by following these steps:
@Jody Lambert What is your question? Are you missing 1400 from your refund?
$1,400 is the amount of the 3rd Stimulus payment. Did you already get the Stimulus payment they sent out last year starting March 2021? Do you have 1,400 on 1040 line 30? You might have tried to claim it again. Line 30 is only if you didn't get the full amount or qualify for more.
Did you get IRS letter 6475 saying what they sent you? If you didn't get the IRS letter 6475 saying what they sent you then check your bank statements and check your IRS account to see when and what they sent you.
https://www.irs.gov/payments/your-online-account
If you didn't get the 3rd Stimulus check but the IRS shows they sent it to you then request a trace for a missing third Stimulus payment
https://www.irs.gov/newsroom/questions-and-answers-about-the-third-economic-impact-payment-topic-j-payment-issued-but-lost-stolen-destroyed-or-not-received
@Chocolate355 It is too late to get the first or second stimulus check. The deadline to file for those was on May 17, 2024. If you are eligible for the third one, from 2021, you can still file a 2021 tax return to seek the recovery rebate credit of $1400 for that one.
Your eligibility for the stimulus money—-now available as the recovery rebate credit— will depend on your circumstances in 2020 and/or 2021. If you could be claimed as someone else’s dependent in 2020 or 2021, you are not eligible for the recovery rebate credit now.
The first stimulus checks were issued in 2020; the first one was for $1200 for adults and $500 for qualified children dependents under the age of 17. The IRS was in a hurry to send out those checks so they sometimes used information from your 2019 return to send out the check. Or sometimes they sent it after you filed your 2020 return.
The second stimulus was sent in late 2020 or early 2021; that one was $600 per adult and $600 for qualified children dependents under the age of 17.
The 3rd stimulus check was $1400 for adults and $1400 for any dependent you claimed, and was sent out in 2021.
If you did not receive the first or second stimulus check,—Sorry—it is too late. The deadline to file a 2020 tax return and get that credit was May 17, 2024.
If you did not receive the 3rd stimulus check, you can get it by filing a 2021 tax return and use the recovery rebate credit in Federal Review. The stimulus amount will show up on line 30 of the Form 1040.
Check your own bank account for deposits of the stimulus checks, and check your online account with the IRS to see what the IRS shows they sent to you.
Try checking your online account with the IRS (and if you filed a joint return—check for BOTH of you)
https://www.irs.gov/payments/your-online-account
If you need to trace a payment that the IRS says has been issued to you, mail or fax a completed IRS Form 3911, Taxpayer Statement Regarding Refund.
To file a return for a prior tax year
If you need to prepare a return for 2020, 2021, or 2022 you can purchase and download desktop software to do it, then print, sign, and mail the return(s)
https://turbotax.intuit.com/personal-taxes/past-years-products/
You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.
Remember to prepare your state return as well—if you live in a state that has a state income tax.
When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. Use a mailing service that will track it, such as UPS or certified mail so you will know the IRS/state received the return.
Federal and state returns must be in separate envelopes and they are mailed to different addresses. Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.
Refunds for tax years 2020 or earlier have been forfeited and will not be paid to you even if shown on the tax return form. But if you owe tax due, you will still have to pay, and you will be billed later for the interest and penalties owed. TurboTax will not calculate the penalties or interest. That will be done by the IRS/state after they receive your return with your payment of the tax due as shown on the tax form(s).
When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. Use a mailing service that will track it, such as UPS or certified mail so you will know the IRS/state received the return.
Federal and state returns must be in separate envelopes and they are mailed to different addresses. Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.