Stimulus Check Questions

[leeleses]

I'm hearing the law changes for the stimulus checks may now be all up to date in Turbo Tax?

Filing as single, I got two checks, $1200 & $600 in 2020.

Is there anything that needs to be entered for these two checks in TT, since I did get them?

And, are any states taxing these checks?  I'm most concerned about anything in PA or NJ?

Thank you!

[VolvoGirl · Accepted solution]

Yes you have to enter the Stimulus payments you already got or Turbo Tax will give it to you again.

There will be a screen with 2 boxes for each round.  If you didn't get one enter a 0 in the box.

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."

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.

The Recovery rebate credit is on 1040 line 30.  It either adds to your refund or reduced a tax due.

[leeleses]

Thank you!  😎