|
|
Post by ktpveteran6499 on Mar 21, 2020 23:24:04 GMT -5
So they use the words "phased out" if you made over $75,000 for tax year 2018 and $150,000 for married couples. So does that mean we won't receive the incentive?
|
|
|
|
Post by bjmza on Mar 26, 2020 19:36:19 GMT -5
Probably not or if you do a reduced amount
|
|
|
|
Post by bjmza on Mar 26, 2020 19:37:11 GMT -5
Probably not or if you do a reduced amount
|
|
|
|
Post by lapwasktp on Mar 26, 2020 20:04:48 GMT -5
$1200 per person under $75000 earned or $2400 per couple up to $150,000 dollars. If your single, every dollar over $75000 you start losing some of your $1200 check. If your single and you earn $99,000 that year * You get nothing. If your married and make $199,000 combined you get nothing. The more you make OVER the threshold’s the less you get. FYI.
|
|
|
|
Post by fordlapworker1993 on Mar 26, 2020 20:30:58 GMT -5
$1200 per person under $75000 earned or $2400 per couple up to $150,000 dollars. If your single, every dollar over $75000 you start losing some of your $1200 check. If your single and you earn $99,000 that year * You get nothing. If your married and make $199,000 combined you get nothing. The more you make OVER the threshold’s the less you get. FYI. How much do you get if you're over 150k as a married couple? I didn't see anything other than its reduced |
|
|
|
Post by lapwasktp on Mar 26, 2020 21:02:27 GMT -5
FYI. For ever $1000 dollars you made OVER $150,000 on your adjusted gross on your 2019 taxes you will lose $50 in stimulus check amount So if you make $151,000 adjusted gross last year your check would be $2,350 instead of $2,400. If you made $198,000 adjusted gross or above you would get nothing.
|
|
|
|
Post by beenaround on Mar 26, 2020 21:46:48 GMT -5
FYI. For ever $1000 dollars you made OVER $150,000 on your adjusted gross on your 2019 taxes you will lose $50 in stimulus check amount So if you make $151,000 adjusted gross last year your check would be $2,350 instead of $2,400. If you made $198,000 adjusted gross or above you would get nothing. It will be calculated off the 2018 taxes. I think you just fatfingered when stating 2019 taxes. |
|
|
|
Post by lapwasktp on Mar 26, 2020 22:12:57 GMT -5
It’s my understanding that if you have already filed your 2019 return then they will take that adjusted gross figure. I haven’t filed my 2019 return yet so they have to take my 2018 return. My fam made less in 2018. I always end up paying even after being robbed all year, so I pay the last day. And this year is a bonus. There going to wait another 3 months on that check. Ha.
|
|
|
|
Post by 2011tier2 on Mar 27, 2020 7:19:03 GMT -5
Here’s a link to an article with a calculator to show how much you’d receive. And yes, if you’ve already filed your 2019 taxes, your numbers will be based off that. apple.news/APYZikbcqSDaCSINsB7GeOA |
|
