In January of 2020 me and my fiance had a child. On the first passing of The first of two stimulus checks I did not receive the allocated amount for my dependent. Nor have I received the allocated amo

[VolvoGirl]

The first Stimulus Check is really based on your 2020 return we are filing in 2021.  So any amount you already got will be reconciled on your 2020 return line 30.  If you didn't get a Stimulus Check (and qualify) or you qualify for more it will be added to your 2020 return.  But the good news is if they paid you too much they won't take it back.

I think the second one will be on your tax return also.  They are still working on updating the program for it.

When you go through the federal review tab it will ask how much you got if any.  Or to enter your stimulus payment in TurboTax, type "stimulus" (without the quotes) in the Search box, then click the link that says "Jump to stimulus."

[xmasbaby0]

No one got anything in 2020 for a child born in 2020.  The IRS did not know about babies born in 2020.  They used information from your 2018 or 2019 return---before your child was born.

Children born in 2020 were not included in the 1st stimulus because those checks were based on 2018 or 2019.  But on your 2020 tax return you can claim your child born in 2020 for the stimulus money, as well as the other child-related credits.  You enter your new dependent in My Info.  When you go through the screens in My Info make sure to say your child lived with you the WHOLE year.  When it asks the oddly worded question about whether your child paid for over half their own support say NO.

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 this year, you can get it when you file your 2020 return in early 2021—if you are eligible.It will end up on line 30 of your 2020 Form 1040.

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

https://www.irs.gov/coronavirus/coronavirus-tax-relief-and-economic-impact-payments-for-individuals-...

https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/00/1393859

We know that the IRS is already revising the 2020 Form 1040 to include the 2nd stimulus, but that change will entail a lot of re-programing at the IRS and for the tax software programs.  It may be at least a month — or longer— before the forms are changed.  Do NOT be in a hurry to file your 2020 tax return until more is known. Give some extra time to the IRS and the software programmers so that the software can handle the new 2nd stimulus, so that you can get it all by filing ONE time. You will need to visit the recovery rebate section AFTER the form and software revisions are complete in order to do this correctly. It is never a good idea to file too early; filing your 2020 return too soon may result in a lot of extra confusion that can be avoided if you wait and file a little later.

[NCperson]

@VolvoGirl - the 2nd stimulus will certainly be on the 2020 tax return because, like the 1st stimulus payment, it is considered an advance payment on the 2020 tax return.  However, until TT's software is updated, used should only imput the amount of the 1st stimulus payment when prompted, otherwise, there is a risk that they will not get the correct result for Line 30 of the 1040 Form. 

[Opus 17]

Be patient. If you list the child on your tax return as a new dependent this year, the additional stimulus payments will be added to your refund. However, the section of the program is not ready. The IRS does not open e-filing until January 27 or later and the second stimulus payment may be sent out up until January 15, and you need to know the amount of both stimulus payments that you actually received before you can file your return and claim any extra.  So be patient and don’t expect to file your return before January 27. Check the program or the website for updates sometime after January 15.