Rebate Recovery Credit

[jogo39]

I have a question regarding the Rebate Recovery Credit.  EIP payment 1 was received in 2020 and EIP payment was received in 2021.    I have not received a form 1444 from IRS.    As a single filer, I received $1,200 in April 2020 and $600 in January 2021.    When filing the 2020 return, the Rebate Recovery Credit asks you to list the EIP 1 payment on line 16 and EIP 2 payment on line 19.   Even though it was received in 2021, do you still list the $6

[dkh]

Congress approved EIP#2 in 2020 so yes EIP#2 gets reported on Rebate Recovery Credit.  Does not matter that you received in 2021.

[Accountant-Man]

Try this on the 2020 Form 1040: if you enter $0 for EIP #2, you will get $600 back. You know you already got it, so that can't be right.

Yes, enter the $600.

[qbteachmt]

You seem to be lost on the internet.

You’ve come to a Peer User community for Intuit Tax Preparation products supporting tax preparation professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

Thanks.