Recovery Rebate Credit Worksheet

[pete777]

I followed instructions 1 & 2, then Continue.  The next page had no line resembling "Let's make sure you got the right stimulus amount", and no reference nor "interview".

  My wife and I received a total of $1400; are we eligible for more?  If so, given the above apparent defect in TurboTax, how do we claim it?

P Marvin

[VolvoGirl]

@pete777 Do you have any dependents?   You each should have received 1,400.   You didn't get 2,800?  Check your bank records.  You just need to enter the total you and your wife got. Then if you qualify for more it will be on 1040 line 30.  You should also get IRS letter 6475 saying what they sent you.  You might each get a letter.  

Do you have a high income?  If you did not get prompted to enter your stimulus information, that means you either:

1. Filed as a dependent being claimed on another tax return, or 
2. have an AGI too high to claim the recovery rebate

[VolvoGirl]

And those steps were for last year 2020 return.  The screen is different this year.

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:

1. Filed as a dependent being claimed on another tax return, or 
2. have an AGI too high to claim the recovery rebate

[Cbray1993]

I didn't revive my first or second stimulus check and I'm waiting on my third one

[KrisD15]

If you did not get the first and/or second economic payment, you must file a 2020 Tax Year return or an Amended 2020 return if you already filed an original 2020 return. 

File a 2021 Tax Year return to claim the credit for the missed THIRD economic payment. 

2021 Recovery Rebate Credit is for the Third Economic Impact Payment only

Are you missing payment of First and/or Second Economic Impact Payment(s)?

First check the IRS "Your online account" to see if the payment was made:

 IRS Your online account

If no payment was made, file a 2020 tax return (or amended 2020 tax return) 

[Ctmartin66]

Hello,

I need clarification on the Recovery Rebate Credit Worksheet. I filled out the info Turbotax desktop asked for, I believe correctly. I know I received all stimulus that the government was sending over the Covid time the last couple years. I also did receive the monthly payments for both children for the child tax credit. I believe I would have answered questions pertaining to both of those correctly.  Turbo gave me the 2800 credit. The IRS took several months to process finally letting me know they had changed my return and that I made an error either for a dependent's  name, SS info or a dependent exceeds the age limit. What should I receive for the recovery rebate knowing I have already received all stimulus offered yet?

Chris

[VolvoGirl]

@Ctmartin66    If you already got the 3rd stimulus for 2800 then your 1040 tax return line 30 should be 0.  I don't know what happened but you must have answered a question wrong if it had 2800 on line  30.  Line 30 is only if you didn't get the full amount or qualify for more.  Not the amount you already got.     You should always review your return closely before you file and ask if you don't understand any amounts or lines.  

[pfromtexas]

I completed the Recovery Rebate Credit worksheet on Turbo tax based on the Letter 6475 that my husband and I each received. Turbo Tax calculated that we were due a $700 credit so I took the credit on my 2021 Tax Return. Now I get a letter from the IRS that I owe $700. I've tried to log into Turbo Tax to get a copy of the worksheet but I'm not able to. How did Turbo tax calculate my $700 credit?

[DawnC]

The 3rd stimulus was $1400 per each taxpayer.    Did you file a Married Filing Jointly return?   If you both received the stimulus, it sounds like you should have entered $2800 for the stimulus payment and no recovery rebate would have generated.    The Child Tax Credits advance payments were half of the expected credit, but the stimulus checks were sent out for the full amount.    To retrieve the worksheets from your return:

1. Sign in to your TurboTax account.
2. Then go to Add a State (while you will not be adding a state, this will allow you to get back into the program.)
3. Once inside your return, select Tax Tools then select Print Center.
4. Next select Print, Save or Preview this year's return.
   • Note: You will be prompted to pay if you haven't yet.
5. Then, select the option to print your prior year’s federal and state return.
6. Select the option to include government and TurboTax worksheets
7. When you select Save you can then download your forms and worksheets, while the Print option will allow you to print your complete tax file.

If you used the desktop program, click on Forms when you have your return open and you can see all of your forms and worksheets.   @pfromtexas

[VolvoGirl]

@pfromtexas   How many people are on your tax return?  Any dependents?  How much was each 6475 letter?  Did you enter the total for both?  There was another post about a 700 difference and I figured that one out.  Maybe it's similar to yours.   I'll look for it.  

[VolvoGirl]

Here's that other post I was thinking of.  Follow the whole thing.    Maybe something applies to yours.

https://ttlc.intuit.com/community/after-you-file/discussion/700-recovery-rebate-credit-denied/00/263... 

[CT-TaxPrep]

I am following the steps as far as Federal Review.  I don't see the option (Let's see if you get the Recovery Credit) as stated in Step 3.  How do I get there?  Thanks in advance.

[VolvoGirl]

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:

1. Filed as a dependent being claimed on another tax return, or 
2. have an AGI too high to claim the recovery rebate

[jlpfaffly]

How do I find out about the stimulus payments I received?

[LenaH]

Your Online Account includes summaries of the stimulus payments received.

@jlpfaffly