Stimulus Money Incorrect Amount
You received too little if you had a child this year and your stimulus check did not include the.
Stimulus money incorrect amount. Maybe you got the right amount after all. So it s looking to your 2018 or 2019 tax return assuming you were required to. Can my stimulus check be wrong.
If you believe the amount of your stimulus check is incorrect here s what to know about fixing it. Your stimulus check is reduced by 5 of the amount over the phase out floor. Calculate the proper amount.
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 are a single filer no children and earn 80 000 your check is reduced by 5 of 5 000 250. 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.
The first is that you have not yet filed your 2019 returns so the agency was relying on your 2018.