Question

I made a mistake on my return and need to correct it. I claimed a stimulus payment that was received in 2021 on my 2020 return. How can i fix this?

No text available

If you are referring to the second stimulus payment which you received in January 2021, then you did it correctly.

You have to report both stimulus payments on your 2020 tax return, even if your receive the second payment in January 2021.

In fact, both these payments are advanced payments of the 2020 Recovery Rebate Credit.

Please read this IRS document on the Recovery Rebate credit.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

1 reply