Tax guide

I claimed the Recovery Rebate Credit for my second payment, but then I received my second stimulus payment. What should I do?

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If you file your taxes, claim the Recovery Rebate Credit (RRC), and then suddenly get your stimulus money, don’t rush into amending your tax return. It is our understanding the IRS will be cross-checking their stimulus payment records with the RRC claimed on returns and adjust refunds as needed. It’s best to wait until you receive your refund before taking action.

It’s not clear yet what you should do if, for whatever reason, you receive twice the amount—that information will likely be clear by mid-to-late February when the IRS starts processing returns and refunds.
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