You have to report the stimulus payments made to you by the government on your 2020 tax return. The IRS calls it a recovery rebate credit, and there is a worksheet that determines if you were not paid enough based on your 2020 adjusted gross income. The stimulus payments were based on your 2018 or 2019 tax return. If you were paid too much, you get to keep it. Paid too little and you get a credit. There were 2 possible payments made: the first one was made in mid 2020 and the second one was made in January 2021. You were sent notices 1444 for the first one and 1444-B for the second one. Hopefully, you can determine how much you received by checking these notices or your bank records.
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