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If you didn’t get your full first and second stimulus payments, you may be eligible to claim the Recovery Rebate Credit on your 2020 tax return.
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:
Your payment will be reduced by 5% of the amount by which your AGI exceeds the applicable threshold above. (IRS FAQ Recovery Rebate Credit )
To claim the credit in TurboTax, please follow these steps:
You can check IRS Get My Payment for details on the third stimulus payment.
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