Expect Refund Delays if You Claimed the Recovery Rebate Credit on your 2020 Tax Return
Taxpayers who did not receive their first or second stimulus payments in 2020, were allowed to claim it as a credit on their 2020 income tax returns if their income (AGI) was below the phaseout thresholds. This credit is called the Recovery Rebate Credit and was claimed by a large number of taxpayers. However, those…
Details