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What line/form is required to claim stimulus cash owed to those parents of children born in 2020?

 
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6 Replies 6
Level 15


Hi there,

You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

Cheers!

 

Former Chump..umm... AllStar.
"the game of life is hard to play"

If a post answers your question, click on *Accept as solution* for future searches

I am a tax professional and am also interested as an individual taxpayer.

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Level 15

The form is 1040

In the search box at top of the left input column, enter "recovery rebate" then click "recovery rebate credit" and it will take you to the input.


ex-AllStar

This only takes me to an input for taxpayer and spouse, nothing for the new little dependents/babies (twins)  

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Level 15

Tell the program how much they have received in each of the two payments, even if paid in 2021. The program will compute what the clients are due and post the difference on the 1040. The program will add in any amount due for new munchkins. Mnuchin (if he is still around) will provide for the Munchkins. 


ex-AllStar
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Level 15

Everything will be part of the 1040; any advances paid would be line 30.

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