Tax liability increased after confirming stimulus payment

[Yelenaaaaa]

I'm really confused. I confirmed the stimulus payment that we received on turbotax online, and immediately after my tax liability increased. This doesn't make sense. I'm working on small business taxes with a schedule C. The only thing I can think of is that there was some kind of glitch and it didn't update until then. Has anyone experienced this? 

Thanks!

[macuser_22]

The calculated stimulus is added to  offset tax liability or add to refund as if you never received it, so when you tell it that you already received it, then it is removed.   The tax due or refund meter is meaningless until ALL information is entered.

[CatinaT1]

Before you enter the amount of the stimulus payments at the screen Did you get a stimulus payment?, you have been given the full Rebate Recovery Credit (the equivalent of the two stimulus payments) as part of your refund.   This can be found on line 30 of the 2020 Federal tax return.  At this point, this is an 'incomplete' Rebate Recovery Credit. 

The refund monitor on your screen displays a refund amount that includes the stimulus money as part of your 2020 refund.   When you enter the amount of stimulus you received, the refund monitor adjusts to account for this. 

  

See this TurboTax Help. 

  

This TurboTax Help states that the Economic Impact Payments (both the first and second) are not considered income, and therefore are not taxable.