Recovery Rebate Credit"

"United States

The recovery rebate credit is a refundable tax credit that can be claimed on your 2021 return if you did not receive your third stimulus check or received the wrong amount.

What is the Recovery Rebate Credit ?

If for some reason the Economic Impact Payment was not received in 2020 or 2021, the Recovery Rebate Credit permitted some taxpayers to reduce their taxes by claiming a credit for the full Economic Impact Payment.

How Does the Recovery Rebate Credit Work ?

The base credit amount for most persons in 2021 is $1,400. The starting amount for married couples filing jointly with taxes is $2,800. For each dependant included on your 2021 tax return, you must add $1,400.

How Much is the Recovery Rebate Credit ?

A citizen or resident of US alien, He/she shouldn't have been a dependent of another taxpayer for tax year 2021, He/she should have a social security number issued before the due date of one's 2021 tax return.

Who is Eligible for the Recovery Rebate Credit ?


The calculation of the recovery rebate credit is basically the same as the calculation of the third-round stimulus checks, with the exception that they are based on data from various sources.

How to Calculate the Recovery Rebate Credit ?

How to Claim the Recovery Rebate Credit ?


You can claim the credit on Line 30 of Form 1040 or Form 1040-SR when you file your tax return.