Friday, January 7, 2022

IR-2022-06: IRS updates FAQs for 2020 Recovery Rebate Credit

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IRS Newswire January 7, 2022

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Issue Number:    IR-2022-06

Inside This Issue


IRS updates FAQs for 2020 Recovery Rebate Credit
 

WASHINGTON — The Internal Revenue Service today updated its frequently asked questions (FAQs) on 2020 Recovery Rebate Credit (FS-2022-02).

This updated FAQ includes changes to the information for Topic F: Finding the First and Second Economic Impact Payment Amounts to Calculate the 2020 Recovery Rebate Credit:

  • Question 4, Topic F: updated
  • Questions 8, 9 & 10, Topic F: added

These FAQs are being issued to provide general information to taxpayers and tax professionals as expeditiously as possible.

More information about reliance is available.

IRS-FAQ

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