If I received my second stimulus in January 2021, do I still include in the number with the first stimulus?

Yes, you will enter the stimulus payment received in January 2021 but TurboTax will ask you to enter each round separately.

 

To do this in TurboTax, please follow these steps:

1. Log into TurboTax.
2. After entering all your information click "Federal Review" at the top of your screen. 
3. On the screen "Let's make sure you got the right stimulus amount" click "Continue".
4. You will be asked about the amounts of first round and second round stimulus payments you received.  If you did not receive a payment enter "0".
5. TurboTax will then calculate the amount of stimulus payment remaining that you are still entitled to get. 
6. Any stimulus amount remaining due to you will show as a credit on line 30 of the 1040.

 

For additional information please see Stimulus FAQ at the end of the TurboTax article.

 

Turbo tax ask did you get a third stimulus payment.

I received 3 payments but one was in 2020. should the be considered as one of the 3? or are you asking were 3 received in 2021 since I am doing the 2021 return?

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@rfblanton wrote:

Turbo tax ask did you get a third stimulus payment.

I received 3 payments but one was in 2020. should the be considered as one of the 3? or are you asking were 3 received in 2021 since I am doing the 2021 return?

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A stimulus payment received in 2020 or in January of 2021 is only reported on a 2020 tax return.

The 3rd stimulus payment of $1,400 was sent in the March - May timeframe in 2021.  You will be asked for this 3rd stimulus payment only when completing the 2021 federal tax return.

So how should I answer the turbo tax question, " did you get a third stimulus payment" Yes or No?

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@rfblanton wrote:

So how should I answer the turbo tax question, " did you get a third stimulus payment" Yes or No?

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If you did Not receive the $1,400 stimulus payment you should answer No.  But be aware if the IRS has records indicating that the 3rd stimulus payment was sent to you then the IRS will adjust your tax return and remove the Recovery Rebate Credit from your return.  This process will delay any tax refund by several weeks if not longer.

It's not asking if you got 3 payments.  It is only asking if you got the 3rd Stimulus payment.  The 3rd Stimulus Payment EIP3 is for 1,400 per person and came out starting in March 2021.  Do not count the first 2 payments.   The first 2 EIP1 & EIP2 were for 2020 even if you got the second one in Jan/Feb 2021.  

 

Double check your bank accounts and check both your IRS accounts if married to see how much the IRS sent you.
https://www.irs.gov/payments/your-online-account