IRS updates 2020 recovery rebate credit FAQs

January 10, 2022

The IRS has updated its FAQs on the 2020 recovery rebate credit.

The updated FAQs include changes to the information for Topic F, which outlines the first and second economic impact payment amounts to calculate the credit.

The IRS issued the FAQs to provide general information to taxpayers and tax professionals as soon as possible.

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