Question

When entering in the stimulus payment do you enter the full amount you received or what you received as an individual?

Forum|Forum|5 years ago
January 31, 2021
1 reply
0 views

We are a blended family that switches years of who claims the kids.

TurboTax Deluxe Online

You enter the amount that your received for the first and the second stimulus check for all of your dependents each year.

At the top of your tax return select Federal Review

Insert fed review pic

That will take you to this screen where it asks if you have already received your stimulus payments. If you received the first or second payment already, then select Yes and fill in the information. If you did not receive any payment select No. If you received the first payment only, fill in that amount and put zero (0) for the second payment.

When the screen is correct, you refund will be adjusted for the amount of stimulus payment that will be added to your 2020 refund.

Insert Stim Pic here

M

MDHtaxes26

I cannot find any place to enter the stimulus amount we received in spring 2020. Going to "federal review" does not result in any question related to the payment. I am going in circles looking to an entry point.

J

JamesG1

If you have not received one or more of your stimulus checks, you will receive your payment in the form of a Recovery Rebate Credit on line 30 of your 2020 Federal tax return when you file.

You can access your stimulus check choices by following these steps:

Down the left side of the screen, click on Federal.
Across the top of the screen, click on Other Tax Situations.
At the screen Let’s keep going to wrap up. Click on Let’s keep going.
At the screen Let’s make sure you got the right stimulus amount, click Continue.
At the screen Did you get a stimulus payment? you can update your stimulus check entries.

TurboTax will compare your one or two stimulus payment amounts to the computations within TurboTax. The computations within TurboTax are based upon the information that you have entered into the tax software. If you are due an additional amount, it will be issued as a Recovery Rebate Credit (RRC) on line 30 of the 2020 1040 tax return.