acitrola
Level 1

Good afternoon!

I am preparing my first 1040 of the 2020 season.

My concern is the Recovery Rebate Credit Worksheet.  

If I am not mistaken it appears that every taxpayer must be aware of the amount of the stimulus payment they received in 2019.  Although my clients are pretty savvy, I can picture all the blank looks on their faces when I ask this question.  The instructions state to take the amount off of Notice 1444, but there too, not everyone keeps track of their paperwork.

Secondly, the worksheet asks for the amount of the second stimulus payment.  What if the second payment is not received at the time of filing, and a payment is issued at a later date?

I would appreciate any input from the Intuit community.

Thank you!

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