I did not get a third stimus check based on the 2020 AGI being greater than the qualifiying AGI. TURBO tax is not using the 2020 AGI and is insisting that I get a rebate on my 2021 taxes. Please help.

JosephKest · ‎January 28, 2022

xmasbaby0 · ‎January 28, 2022

The 3rd EIP was issued in a hurry last year. They used 2020 returns to get those checks out. But the 3rd stimulus was really an advance on a credit you can get on your 2021 tax return. If your 2021 AGI is in the eligible amount then you do get it as a recovery rebate credit for 2021. So.. good news.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

xmasbaby0 · ‎January 28, 2022

The 3rd EIP was issued in a hurry last year. They used 2020 returns to get those checks out. But the 3rd stimulus was really an advance on a credit you can get on your 2021 tax return. If your 2021 AGI is in the eligible amount then you do get it as a recovery rebate credit for 2021. So.. good news.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

DoninGA · ‎January 28, 2022

The third stimulus of $1,400 is based on your 2021 AGI. The IRS used your 2020 AGI for the advance stimulus credit since the 2021 tax return was not available.

JosephKest · ‎January 28, 2022

Great. Thanks.

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

I did not get a third stimus check based on the 2020 AGI being greater than the qualifiying AGI. TURBO tax is not using the 2020 AGI and is insisting that I get a rebate on my 2021 taxes. Please help.