Recovery Rebate Credit & Form 1040

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  • เผยแพร่เมื่อ 15 พ.ย. 2024

ความคิดเห็น • 27

  • @1pfennig
    @1pfennig 2 ปีที่แล้ว

    Best video on this topic. A clear explanation and succinct. Thank you
    Now I know why IRS refigured my tax return. I was getting money back now we have to pay.

  • @vvalle3318
    @vvalle3318 3 ปีที่แล้ว +2

    Thank you so much for taking the time to post this video and example how to file:)
    But how to file for my husband and son who 20 years old?...can you do a video on how to file?
    If so please thank you so much.

  • @claudiavnmendez5604
    @claudiavnmendez5604 3 ปีที่แล้ว +3

    Thank you very much for your video, in what publication I can find that parent with no social security, but children have social security I can claim the recovery rebate ?

  • @nancybthescratcher6327
    @nancybthescratcher6327 3 ปีที่แล้ว +2

    how do you file your recovery credit on irs?

  • @anniefdez2599
    @anniefdez2599 2 ปีที่แล้ว

    What about born child in 2020? Are they eligible for the recovery rebate?

  • @CAVEMAN-cw6fp
    @CAVEMAN-cw6fp 3 ปีที่แล้ว +1

    i filed as an non filer and recieved the first stimulus "paper check" but not the second one, the get my payment stated my 600 payment to be delivered on january 6th but its now march 17th, what should i do. payment trace or straight to recovery rebate credit

  • @babymamaz9871
    @babymamaz9871 3 ปีที่แล้ว +1

    Hi. Im on ssi n I need to file recovery refund credit.which free tax form can I do electronically? I'm confused cuz they all say if my agi is under certain amount I can file this free-form? Does ssi count as agi?

  • @williegonzalez1692
    @williegonzalez1692 3 ปีที่แล้ว +3

    Is their a wait to get this money in your federal tax refund ? I still haven’t received mine accepted 02/12

    • @adaruskeene7357
      @adaruskeene7357 3 ปีที่แล้ว

      Have you received your till this day

    • @TheMeazy1
      @TheMeazy1 3 ปีที่แล้ว

      Did you get it yet?

    • @williegonzalez1692
      @williegonzalez1692 3 ปีที่แล้ว +1

      @@TheMeazy1 nope. Apparently I got a letter in the mail, 6-8 weeks I will get my refund.

  • @jonathantsao298
    @jonathantsao298 3 ปีที่แล้ว

    Hi, Great videos! thanks for clearify the RRC worksheet. However, my situation is slightly different. I didn't get any payment in Round1 and got a partial payment in Round2, since in live abroad I got it in the form of a check. I made less then 50K in 2019, but my AGI got a huge boost in 2020, well over the 150K threshood for MFJ filing. My question is due to some error or glitch in the IRS system that they didn't send my first two payments which I'm eligible receiving. but now from working on the RRC worksheet with 2020 AGI resulting a "0" for my RRC. Dose this mean I no longer able to get this money? that is truly not fair! Is this how our government operates?

  • @OMARZAKIALIRAQEY
    @OMARZAKIALIRAQEY 3 ปีที่แล้ว +3

    Hhhh

  • @MoniqueFromPlymouth
    @MoniqueFromPlymouth 3 ปีที่แล้ว

    So since I received both stimulus payments in full, I just leave line 30 blank.

  • @lindaacosta9895
    @lindaacosta9895 3 ปีที่แล้ว

    How do I file and fill out the worksheet if I have a dependent who didn’t receive the 2nd stimulus payment of $600 but I did receive all mine and 1st and 3rd one for him...the reason I’m having a problem doing my taxes is because I’m on public assistance and I don’t work...HELP PLEASE

  • @sarahthomas2303
    @sarahthomas2303 3 ปีที่แล้ว

    What about the third (check) EIP?

  • @TheTico91
    @TheTico91 3 ปีที่แล้ว +1

    great video, thanks Nik!

  • @deborachaparro5754
    @deborachaparro5754 3 ปีที่แล้ว +1

    So if both parents or one if they file single or HOH have ITINs & their children have SSN they can claim the Recovery Rebate Credit for their children only?

    • @2003Dynamic
      @2003Dynamic 3 ปีที่แล้ว

      No, the children will not qualify if the parents have an ITIN.

    • @deborachaparro5754
      @deborachaparro5754 3 ปีที่แล้ว

      @@2003Dynamic thank you Martha that's what I figured out

  • @ashleyalexxis3442
    @ashleyalexxis3442 3 ปีที่แล้ว +2

    Pls just get to the point

  • @richardrice3137
    @richardrice3137 3 ปีที่แล้ว +1

    I know several people who did not get their payment and none of their income is taxable and no taxes were taken out so they can NOT get paid the RRC as a credit on the tax return. why and how does one get their payment? they can NOT and will NOT get paid based on this crap video.