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New Member
posted Mar 28, 2021 4:45:52 PM

How Do I Show my Stimulas payment?

I recived the first Payment of 2400 for my self and wife But not the Second Payment

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2 Replies
Level 15
Mar 28, 2021 4:47:23 PM

The stimulus check is an advance on a credit you can receive on your 2020 tax return.  If something went wrong or you did not get the stimulus check in 2020, you can get it when you file your 2020 return in early 2021

The Recovery Rebate Credit will be found in the FEDERAL REVIEW section. ( you should see "Let's make sure you got the right stimulus amount”)  If you are eligible it will end up on line 30 of your 2020 Form 1040.

 

Make sure that you enter ALL of the stimulus money received for the 1st and 2nd stimulus for yourself, your spouse and your children.

 

https://www.irs.gov/newsroom/economic-impact-payment-information-center-topic-j-reconciling-on-your-2020-tax-return

 

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

 

Level 15
Mar 28, 2021 5:15:37 PM

in the federal review section it will ask how much you ACTUALLY received for each of the 1st two stimulus payments. 

 

Then, look on Line 30 and that will show how much additional stimulus (called the Recovery Credit) you are entitled to.... it will increase your refund or reduce what you owe.