Stimulus Payment Is Wrong Amount

The cares act signed into law at the end of march included one time payments of 1 200 for individuals who earn less than 75 000 annually 2 400 checks for couples who earn less than 150 0000. Some stimulus checks did not come in the expected amount. If your stimulus payment was the wrong amount what should you do.

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The question is when.

Stimulus payment is wrong amount. With phone systems overloaded and no response to email inquiries it can seem like there s nowhere to turn. But as many taxpayers are rejoicing others are fretting over the exact amount they received from the irs. Can my stimulus check be wrong.

If you earn over 99 000 then you will not. Millions of americans are still waiting to get their coronavirus stimulus payments. Taxpayers are reporting errors on their stimulus payments across the country.

The irs said if you got the wrong amount you will be able to claim the additional amount when you file your 2020. This means your stimulus payment will be 950. If yours is one of them here s what you need to know.

If you are a single filer no children and earn 80 000 your check is reduced by 5 of 5 000 250. However rest assured that you will receive the rest.

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