You'll need to sign in or create an account to connect with an expert.
The 3rd stimulus question is asked after you have completed the federal tax return and are in the Federal Review section of the program.
Why was our recovery money were added to our tax due?
@Ueha wrote:
Why was our recovery money were added to our tax due?
It wasn't.
Before you entered the amount of the 3rd stimulus you received the program entered the Recovery Rebate Credit on your tax return based on your filing status and number of dependents entered. After you entered the amount of the 3rd stimulus payment received the program removed the Recovery Rebate Credit since you cannot get the same stimulus payment twice.
To clarify
The recovery rebate never increases your tax due.
If you are eligible (and did not get the third stimulus payment) the recover rebate will be included (and increase) your refund OR if you owe tax, it will lower the amount of your tax payment due.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17581376415
Level 1
kac42
Level 2
elliottulik
New Member
Garyb3262
New Member
nalee5
New Member