My Stimulus Amount Was Incorrect
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Your stimulus check is reduced by 5 of the amount over the phase out floor.
My stimulus amount was incorrect. If you believe the amount of your stimulus check is incorrect here s what to know about fixing it. If you are a single filer no children and earn 80 000 your check is reduced by 5 of 5 000 250. Can my stimulus check be wrong.
Calculate the proper amount. However if you feel your payment was for the wrong amount rigney recommends keeping any paper. You received too little if you had a child this year and your stimulus check did not include the.
The check is technically an advance payment of a refundable credit on your 2020 tax return which you won t have to file until april 15 2021. But since this is an urgent situation the government is using the information it already has to determine the amount you get now. If you suspect that your payment is wrong the first thing you should do is figure out what your stimulus check amount should be.
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