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New Member
posted Feb 2, 2021 1:45:35 PM

I have missing stimulus money from the second round of payments how do I claim that

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4 Replies
Expert Alumni
Feb 2, 2021 2:07:08 PM

Stimulus payments were advances on the Recovery Rebate Credit.

 

If you received the full amount of both stimulus payments (Economic Impact Payments), you won’t get any additional credit on your return this year since you’ve already received the full amount of the credit as stimulus payments.

If you didn't receive the full amount for your first or second-round stimulus payments, we'll help you claim the Recovery Rebate Credit when you file your taxes this year.

Here’s how:

  • When you’re ready to file, we’ll check if you meet eligibility requirements for the stimulus payment. If you meet the requirements, we'll ask a few questions about any payments you've already received and then let you know if the Recovery Rebate Credit applies.
    • If you need to make any changes to your stimulus credit responses, search for stimulus and select the jump-to link at the top of the search results to return back to the section. Enter your updated info and Continue.

It’s important that you enter the correct amount of each stimulus payment you received. The first stimulus payments were made between April and September of last year, while the second round of payments were delivered during January and February. You can find the exact amount,

  • On your IRS letter-Notice 1444 and/or 1444-B which were mailed to you with the headline, “Your Economic Impact Payment Has Arrived” and were signed by the president. Or,
  • By visiting IRS.Gov and creating or accessing your account. Or,
  • In your bank statements. You might be able to search your online statements for deposits made by the IRS or US Treasury.

Eligibility rules for the Recovery Rebate Credit

New Member
Feb 2, 2021 2:23:35 PM

Hello I’m curious,  because I had a baby in 2020. It’s recognizing I got my correct amount of payments for my two dependents (first and second child)  in 2019. In 2020, I had an additional child but I am not claiming my first child on my taxes his father is. Will I get the 1100$ for my new baby? Or because I still only have two dependents this year, it cancels it out?  

Employee Tax Expert
Feb 2, 2021 2:36:14 PM

It is going to cancel out.   You will get credit for the new baby but when you enter the amount your received, it is going to show as correct since you are not claiming the other child that you received the payment for.   However, dad will get the credit for the child he is claiming since he did not receive the payment for him, you did.   Dad will only report what he received and his payment did not include a payment for the child, as it went to you.   Congrats on the new baby!   @Shellyshelly2

New Member
Feb 2, 2021 2:55:06 PM

Thank you! What a bummer. I paid him half of all my credits for my son lol, lord knows I won’t see that back. 🤣. But thank you for help. I guess I am just out of luck.