Thank you for your reply! Is there a chance that I answered "no" when I first saw the question "Did you receive the Economic Impact Payments", and then when I want to revise my answer, this question just doesn't show up again?
@User123120 wrote:
Is there a chance that I answered "no" when I first saw the question "Did you receive the Economic Impact Payments", and then when I want to revise my answer, this question just doesn't show up again?
@User123120
Yes. That could happen if you first saw the question before you had entered all of your income. If you later entered enough additional income that put your AGI above the top of the phase-out range, you can no longer get to the question. But it doesn't matter, even if your original answer was wrong. If your income is above the phase-out range you are not going to get a Recovery Rebate Credit in any case, whether or not you got the stimulus payment. TurboTax stops asking the question because it no longer matters.
You are not eligible for the Recovery Rebate Credit if your AGI (Form 1040 line 11) is above the phase-out range for your filing status. The AGI cutoff is $80,000 for single or married filing separately, $120,000 for head of household, and $160,000 for married filing jointly or qualifying widow(er). If your AGI is above the cutoff, TurboTax will not ask about your third stimulus payment because it doesn't matter. Form 1040 line 30 will be blank.
Even if your income is too high to get the credit on your tax return, you can keep any stimulus payment that you received.