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Did you file a 2020 return yet?
When you go through the federal review tab it will ask how much you got if any. Enter a 0 in the box if you didn't get one. 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."
After you have entered your tax information and are ready for the Federal Review, it will be the first question.
If you are trying to trigger it, you can go to Other Situations, answer any questions and click Done. The next automatic selection is Federal Review and it will ask about payments received.
If you didn't get one or both of the Stimulus payments or qualify for more it will be the Recovery rebate credit on 1040 line 30. It either adds to your refund or reduced a tax due.
If you are a dependent or your 2020 income is too high you won't get prompted for the Stimulus section since you can't qualify for any more. And you don't have to enter what you already got and don't have to pay it back. 1040 line 30 is only if you qualify for more not what you already got.
Finally someone states where to enter the EIP on the 1040 form, Line 30. Thank you.
The other discussions on "jump to Stimulus" doesn't actually take you to where the entry for the stimulus payment can be answered for the "Walk me through" process. I
I have used TurboTax for over a decade and it seems to get worse each year. Unless you have basic entries.
To enter your stimulus information you are actually looking for the Recovery Rebate Credit.
Here’s how to claim the Recovery Rebate Credit:
It’s important that you enter the correct amount of the stimulus payment you received. Third stimulus payments were made beginning in March. You can find the exact amount:
@timedmonds Are you asking about 2021 3rd Stimulus payment? The posts above were for 2020 returns a year ago.
FOR 2021
To get to the stimulus questions in TurboTax at any time, you can search for stimulus or recovery rebate credit then hit ENTER and there should be a Jump to link
If you are trying to trigger it,
Click on Other Tax Situations at top
Click on Let's get started
Answer some questions then Continue
Then click on Let's keep going
Next screen is for the Third Stimulus, if you qualify
If you did not get prompted to enter your stimulus information, that means you either:
Here is the Jump link
I finally assumed that I didn't have to report it if the "question" didn't pop up during the Federal return audit. Usually you have to report all income that is received and the software (in my mind) should determine if it is used for calculations. Same as the entering expenses but the deduction are not enough to override the "standard" deduction.
It appears that in this situation you don't have to report the EIP unless you are trying to get more "Credit" which the AGI is above the limit for the credit. The software should have you enter the received payment and then calculate if there is additional credit allowed. That is the main reason for using the software..........time savings.
Otherwise I can save money and just go through all the schedules myself without the software.
Thank you for the response. After reviewing several of the comments to different questions I figured out the answer.
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