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Employee
January 27, 2021
Question

Why am I getting panelized when I enter that I received a stimulus payment.

  • January 27, 2021
  • 1 reply
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1 reply

January 27, 2021

You are not getting penalized.  TurboTax automatically calculates what you should have received in stimulus payments based on your income tax return.  

 

If you did not receive a stimulus payment, you will receive it in the form of a Recovery Rebate Credit.  If you received your stimulus payment, TurboTax removes it from your income tax return. This is why you see the reduction in the amount of your refund.   

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