How can I go back and remove the Recovery Rebate Credit(Line 30)?

[LenaH]

You can follow the steps below to get back to the recovery rebate form:

1. With your return open, search for stimulus with the magnifying glass tool on the top of the page.
2. Select the Jump to Stimulus in the search results to directly go to correct TurboTax page.
3. Enter the amount of your third stimulus payment received (as per Letter 6475 from the IRS).

If you already received the amount you were qualified for (based on your 2021 income), then Line 30 will be removed from your 1040. 

[rossi-christophe]

Thank you. However, after correcting this section the refund amount is incorrect, it tells me I now owe the amount of the Stimulus. When looking at the form and doing my own calculation with line 30 removed it should be more like owing $300. What is wrong with Turbo Tax?  

[JamesG1]

We are not able to see your tax return.

If you remove the Recovery Rebate Credit on line 30 of the 2021 Federal 1040 tax return, you will now increase your balance owed by the $1,400 credit that you removed.

TurboTax will compare your stimulus payment amount to the computations within TurboTax.  The computations within TurboTax are based upon the information that you have entered into the tax software.  If you are due an additional amount, it will be issued as a Recovery Rebate Credit on line 30 of the 2021 1040 tax return.

The Recovery Rebate Credit Worksheet can be viewed in the 2021 Federal tax return at Tax Tools / Print Center / Print, save or preview this year's return / Include government and TurboTax worksheets.