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Can I change my recovery rebate credit if the check came in the mail?

Forum|Forum|5 years ago
February 5, 2021
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TurboTax Deluxe Online

Best answer by bluedeb

TurboTax will let you update your return for the Recovery Rebate Credit, but beware that you only have until Feb. 6th (tomorrow) to make the change. See the following for information:

The Recovery Rebate Credit is the way people who were eligible for a stimulus payment, but did not receive one or received less than the amount they were due, claim their stimulus payment. However, if you have already received the full amount of your stimulus payment and also claim the Recovery Rebate Credit on your return, this will trigger a review at the IRS that could delay the time it takes to process your return and for you to receive your tax refund.

We know how important these funds are and don’t want you to experience any delay in receiving your tax refund. Since the IRS has not opened yet, we would like to give you the opportunity to review and update the Recovery Rebate Credit portion of your 2020 tax return before they open on February 12th.

If you want to review and update your 2020 return, please enter your information here by February 6, to have your 2020 tax return sent back to you. You will then receive an email from TurboTax on February 8, letting you know that your return is available and providing you with detailed instructions on how to review, update and re-file your tax return without the Recovery Rebate Credit.

If you do not want to review and update your 2020 return, then you're all set. No further action is required. We will securely hold your tax return and send it to the IRS when they begin accepting e-filed returns.

https://ttlc.intuit.com/community/tax-topics/help/i-ve-already-claimed-the-recovery-rebate-credit-how-can-i-review-and-update-my-2020-tax-return/00/1863964

bluedebAnswer

Employee

TurboTax will let you update your return for the Recovery Rebate Credit, but beware that you only have until Feb. 6th (tomorrow) to make the change. See the following for information:

The Recovery Rebate Credit is the way people who were eligible for a stimulus payment, but did not receive one or received less than the amount they were due, claim their stimulus payment. However, if you have already received the full amount of your stimulus payment and also claim the Recovery Rebate Credit on your return, this will trigger a review at the IRS that could delay the time it takes to process your return and for you to receive your tax refund.

We know how important these funds are and don’t want you to experience any delay in receiving your tax refund. Since the IRS has not opened yet, we would like to give you the opportunity to review and update the Recovery Rebate Credit portion of your 2020 tax return before they open on February 12th.

If you want to review and update your 2020 return, please enter your information here by February 6, to have your 2020 tax return sent back to you. You will then receive an email from TurboTax on February 8, letting you know that your return is available and providing you with detailed instructions on how to review, update and re-file your tax return without the Recovery Rebate Credit.

If you do not want to review and update your 2020 return, then you're all set. No further action is required. We will securely hold your tax return and send it to the IRS when they begin accepting e-filed returns.

https://ttlc.intuit.com/community/tax-topics/help/i-ve-already-claimed-the-recovery-rebate-credit-how-can-i-review-and-update-my-2020-tax-return/00/1863964

C

CNT68

The article states that you need to register by the 6th and then Turbo Tax will send an email on the 8th (today) letting you know how to review, update and re-file. Has anyone received the email yet? I registered, but have not received an email with instructions. Thank you.

MaryM428

The deadline to recover your return and make changes was February 6. We do not yet know how the IRS will resolve this. You will be contacted if anything needs to be done on your part.

@fchavez24

B

byoung609

I called and spoke to a rep and he told me that it is a delay in getting all the emails out on the 8th, something to do with the irs! He said that everyone should receive them in 24-48 hours up until the 11th of Feb.. Dont know how true this is because was told so many different stories today alone! Smh

Forget

I am still trying to get to the truth that this rep has told me. The gentleman said it does not matter when you signed up for it. The email goes out in waves. I myself only know of one person that the email was sent out to which was on the 8th. I don't understand how some folks received the email and others didn't . I am on the phone with a supervisor. Hopefully he or she should have more information and to collaborate what the representative has told me

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duncanjstacy

for the 2021 Taxes how can I change my answer to the stimulus question...

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Vanessa A

To change your stimulus answer, click Federal>>Final Review and then click through until you come to the question asking if you received your stimulus payment.

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duncanjstacy

I have TurboTax Home and Business. When I click Federal Review it does not present me with the chance to change my answer. I also thought about deleting the return and starting over but, none of the help responses I have seen provide me with the right steps to do that either. I need help to either figure out why I can't change the stimulus answer from no to yes or how can I delete this return.... nothing out here is working and I've spent hours trying to find it.

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edmccar

How do I adjust line 30 for a rebate check received?

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HeatherPLO

Have you already filed your return? If so and if it has been Accepted, you will need to file an Amendment. Please see this Help Article for instructions on Amending a return.

@edmccar

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