Skip to main content
February 10, 2021
Question

2nd round of stimulus was not received until after the first of the year. Does that still go on 2020 tax year or next year?

  • February 10, 2021
  • 1 reply
  • 0 views
No text available

1 reply

DoninGA
Employee
February 10, 2021

You report receiving the second stimulus payment on the 2020 federal tax return.

 

The stimulus questions are asked in the Federal Review section of the TurboTax program.  Any payment you were eligible to receive based on the 2020 Federal tax return but did not receive will be entered on the Federal tax return, Form 1040 Line 30 as a tax credit.  The credit is included in the federal tax refund or it will reduce the amount of federal taxes owed.