Recovery Rebate Credit

[devusr 41]

We got married in April, 2021 and after the CR1 process, my wife immigrated in 2023. She got her SSN in 2023.

 

For 2021 and 2022 Tax Years, I filed Married Filing Separately. I want to go back and amend those years filing status to Married Filing Jointly.

 

Turbo Tax says that I'm eligible for the Recovery Rebate Credit (Economic Impact Payment??). I've read online that you had to have an SSN by 2021 to qualify. However, I also see in the IRS website that they went  back and changed the rule so that only one of the spouses needed to have an SSN.

 

Do I qualify for this Recovery Rebate Credit or not? I wonder why Turbo Tax keeps saying I do.

[Crazy Cat 41,770]

Is TurboTax allowing you to file the 1040X electronically?  If so, just file and see what happens.  

[JeanneAdil 6,484]

the 2021 economic rebate is based on 2020 returns

you were not married till 2021

 

If you did not qualify for the full third Economic Impact Payment see Questions and Answers About the Third Economic Impact Payment – Topic H: Reconciling on Your 2021 Tax Return.   Understand 2021 return is for 2020 taxes

 

look under the following drop down box

Q B1. Eligibility Requirements: What are the eligibility requirements for the credit? (updated December 10, 2021)

 

https://www.irs.gov/newsroom/2020-recovery-rebate-credit-topic-b-eligibility-for-claiming-a-recovery-rebate-credit-on-a-2020-tax-return#:~:text=The Economic Impact Payments were,on your 2020 tax information.

[devusr 41]

1 hour ago, JeanneAdil said:

the 2021 economic rebate is based on 2020 returns

you were not married till 2021

 

If you did not qualify for the full third Economic Impact Payment see Questions and Answers About the Third Economic Impact Payment – Topic H: Reconciling on Your 2021 Tax Return.   Understand 2021 return is for 2020 taxes

 

look under the following drop down box

Q B1. Eligibility Requirements: What are the eligibility requirements for the credit? (updated December 10, 2021)

 

https://www.irs.gov/newsroom/2020-recovery-rebate-credit-topic-b-eligibility-for-claiming-a-recovery-rebate-credit-on-a-2020-tax-return#:~:text=The Economic Impact Payments were,on your 2020 tax information.

 

Sorry, I meant to say 2021 Tax Year as in 2022 Calendar Year. 2022 Tax Year as in 2023 Calendar Year.

[devusr 41]

Meaning when I filed my taxes in 2022, it was for Tax Year 2021. When I filed my taxes in 2023, it was for Tax Year 2022. When I filed my taxes in 2024 (last week), it was for Tax Year 2023.

1 hour ago, Crazy Cat said:

Is TurboTax allowing you to file the 1040X electronically?  If so, just file and see what happens.  

It doesn't let me file it electronically...I think IRS doesn't allowed that (or maybe because I mailed the original, the amendment needs to be mailed as well).

[Crazy Cat 41,770]

3 minutes ago, devusr said:

maybe because I mailed the original

Correct.

[JeanneAdil 6,484]

3 hours ago, devusr said:

Meaning when I filed my taxes in 2022, it was for Tax Year 2021. When I filed my taxes in 2023, it was for Tax Year 2022. When I filed my taxes in 2024 (last week), it was for Tax Year 2023.

It doesn't let me file it electronically...I think IRS doesn't allowed that (or maybe because I mailed the original, the amendment needs to be mailed as well).

the rebate is based on 2020 income and taxes 

yes, u,  as a USC get a rebate but not the spouse as u did not marry till 2021

she was not on 2020 taxes

 

and yes,  it is worth it to do 1040x for the years u were married for double the standard deduction for those years 2021 and 2022