Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Mar 6, 2022 7:47:01 AM

Tax Due

Why does it say that I owe taxes after answering the question regarding did you receive a stimulus payment?  I answer, "yes" and the amount returns a refund.  

0 1 495
1 Replies
Level 15
Mar 6, 2022 7:51:39 AM

Before you answered the stimulus question the Recovery Rebate Credit was entered on your tax return Form 1040 Line 30.  After you indicated that you did receive the 3rd stimulus payment the Recovery Rebate Credit was removed from your tax return.  You cannot receive the 3rd stimulus payment twice.