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Level 3
March 7, 2021
Question

Recovery Rebate Calculation

Be aware.  I noticed as of 03/06/2021, that the recovery rebate isn't calculating correctly. 

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7 replies

Intuit Community Champion
March 7, 2021

How was it wrong for you?

 

cakinsAuthor
Level 3
March 7, 2021

I've noticed it twice of the last two days.  Today, I've got a MFJ client that didn't get anything last year because prior AGI was too high.  2020 AGI is $178,400 which should get them $980 for the first stimulus.  ProSeries is calculating the $980 but is dropping it into line 17 instead of line 21 of the worksheet.  Yesterday is a single person with a similar scenario.  

Intuit Community Champion
March 7, 2021

Did you answer the second stimulus question? That should drop down your $980.