Recovery rebate credit worksheet 2022

[pzxfnf]

2021 taxes were married filing jointly & we received $1400 check each for $2800 total stimulas payment.  Our  AGI for 2021 is well over 160,000.  TurboTax says: Stop, you can't take credit, and leaves nothing on line 30, 1040-SR.

The checks were cashed earlier in 2021.  My question is, do we owe the IRS $2800?  If so, do we revise our 1040-SR tax return and how is that accomplished.

[VolvoGirl · Accepted solution]

No you get to keep it.  Even if your AGI is under the max you wouldn't get any more.  You got the full amount and don't  have to pay it back.