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posted Apr 10, 2021 8:22:36 AM

How can I see if I answered the questions correctly when it comes to the recovery rebate credit? I am trying to understand if I will get my stimulus payments!

It says it should have asked me some questions when I was filing and I am curious if I can go back to check and make sure I did. If I did not, can I go back and change those answers?

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1 Replies
Expert Alumni
Apr 10, 2021 8:49:40 AM

If you did not receive the first and second stimulus payment then you can claim the Recovery Rebate Credit. Please check line 30 of your Form 1040 if you claimed the Credit.

 

If you haven't filed you taxes and did not claim the Recovery Rebate Credit, but didn't receive the first and second stimulus payments then follow these steps:

 

  1. Log into TurboTax.
  2. After entering all your information click "Federal Review" at the top of your screen (or click "Search" and type "Stimulus" and follow the jump to link). 
  3. On the screen "Let's make sure you got the right stimulus amount" click "Continue".
  4. You will be asked about the amounts of first round and second round stimulus payments you received.  If you did not receive a payment enter "0".
  5. TurboTax will then calculate the amount of stimulus payment remaining that you are still entitled to get. 
  6. Any stimulus amount remaining due to you will show as a credit on line 30 of the 1040.

 

 

If you have already filed but need to claim the Recovery Rebate Credit because you didn't receive the first and second stimulus payment then you will have to file an amended return (Form 1040X) after your original return has been processed.  You can e-file your 2020 amended federal tax return. Please see FAQ How to amend a tax return for instructions.

 

 

To be eligible for the recovery Rebate Credit you need to be a U.S. citizen or U.S. resident alien in 2020 and have a Social Security number that is valid for employment.

 

You cannot be claimed as a dependent by someone else to be eligible. 

 

Your credit amount will be reduced if your 2020 adjusted gross income (AGI) is more than: 

  • $150,000 if married and filing a joint return or filing as a qualifying widow or widower
  • $112,500 if filing as head of household or
  • $75,000 for eligible individuals filing as a single or as married filing separately.  

Your payment will be reduced by 5% of the amount by which your AGI exceeds the applicable threshold above. (IRS FAQ Recovery Rebate Credit )