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BDEESIMMONS
April 26, 2021
Question

If I got an Economic Impact Payment of $171.50 in 2020 Do I list amount under Stimulus Money received?

  • April 26, 2021
  • 1 reply
  • 0 views
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1 reply

H
HelenC12
April 26, 2021

Yes, you do. TurboTax will use that number to calculate if you should receive additional stimulus monies or if you've received the maximum. 

 

The initial stimulus payment provided up to $1,200 per qualifying adult. The second stimulus payment distributed up to $600 per qualified recipient. 

 

Related information: How do I claim the Recovery Rebate Credit in TurboTax?

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