taxguymike
Level 1
02-11-2021
01:50 PM
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Client attained custody of her grandchild for all of 2020.
Her stimulus payments were:
# 1 - $1200.00
#2 - $600.00
Now that the grandchild is her dependent ProSeries is calculating her stimulus payments should have been $1700.00 and $1200.00 giving her a recovery rebate of $1100.00 in her 2020 refund.
Is this calculation correct??
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