Yes, you will record the $600 you received in January as the second stimulus payment. Log into turbo tax Click on Federal Review Let's make sure you got the right stimulus amount>continue Next screen asks Did you get a stimulus payment? Yes Then a drop down will appear and this is where you enter your first and second round stimulus payments.

Question

I received a second stimulus payment but not until January 2021. Do I still add it to what I'm claiming for 2020 taxes?

Forum|Forum|5 years ago
February 3, 2021
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TurboTax Self Employed Online

DaveF1006

Yes, you will record the $600 you received in January as the second stimulus payment.

Log into turbo tax
Click on Federal Review
Let's make sure you got the right stimulus amount>continue
Next screen asks Did you get a stimulus payment? Yes
Then a drop down will appear and this is where you enter your first and second round stimulus payments.

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

C

Cruzesa

Why is this recorded against 2020 taxes when it wasn't received until 2021?

CatinaT1

You are not being taxed on this, it is just being reconciled with your 2020 return, regardless of when it was received. If you didn't receive your full payment, it is being added to your refund,

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