Tax Economic Impact Payment

[CINDYMEICHIU1]

Hello, 

Is there something wrong with Turbo tax in calculating the stimulus payments?  I'm preparing my parents' tax return for 2021.  They only have social security and received $1400 each in 2021.  When I entered this information into Turbo tax, it now tells me that they owe $2800, after I confirmed their letter 6475.  This amount should be tax free.  

Greatly appreciated if you can help me out.

Thank you,

Cindy

[FangxiaL]

If your parents only receive Social Security income, you are not required to file an income tax return, unless they have another source of income. 

[By George]

You should not enter the $2800. That entry is for overpayment and thus it wants the money back.

[JillS56]

As @FangxiaL  stated if the only source of income your parents have is social security they do not have to file a tax return.   If they do have to file a  return when you answer the question for the Economic Impact Payment you would need to enter the amount of $1,400 in each box.  If you leave it blank it will not let your complete the return.   If you answer "0" in each box it will cause a credit that will create a refund.   You have to enter $1,400 for each.   This should not create a tax for them, as there the Economic Impact Payments are not taxable.