I incorrectly filed my tax return for 2020 and said I'm making $77,000 when in reality, I'm making $71,000 and I can't change the tax return form until March 25th. I will be receiving my third stimulus check in a few days and I know that it will be less than $1400 since my tax returns show that I'm making over $75,000. Is it possible for me to get my full stimulus payment this year or do I have to wait until the next tax season? I found out that I made a mistake on my tax return a few days after I submitted it.
You can amend your tax return. There’s no guarantee the IRS will process your amended return in time to change your third stimulus payment. The IRS says processing an amended return can take up to 16 weeks.
The IRS has not said what the process will be for correcting the third stimulus payment.
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You can amend your tax return. There’s no guarantee the IRS will process your amended return in time to change your third stimulus payment. The IRS says processing an amended return can take up to 16 weeks.
The IRS has not said what the process will be for correcting the third stimulus payment.
Related Resource: