fcalvi
Level 2
02-14-2022
07:06 PM
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How do I correct this in Proconnect?
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sjrcpa
Level 15
02-14-2022
08:44 PM
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What deduction?
They should end up with zero Recovery Rebate Credit on the 1040 since they received the maximum amount as an advance.
The more I know the more I don’t know.
qbteachmt
Level 15
02-15-2022
12:14 PM
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Are you confusing Payment and Credit?
"Individuals who did not qualify for, or did not receive, the full amount of the third Economic Impact Payment may be eligible to claim the 2021 Recovery Rebate Credit based on their 2021 tax year information."
You don't get Both.
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Don't yell at us; we're volunteers
