Stimulus check

[djdankinney6506]

I can't believe that because I rolled over my entire IRA into a Roth IRA last year, about $100,000. I had allot of Federal taxes withheld & will owe allot to the state. My AGI was $163,902.  And because of it, we don't get a stimulus check?  HELLLP!

[LenaH]

Yes, that is correct. Stimulus payments (EIP3) are phased out – or reduced -- above Adjusted Gross Income (AGI) amounts of $160,000 for married and filing a joint return. 

[djdankinney6506]

Turns out everybody was wrong.  We received our stimulus yesterday despite our high AGI.

[ReneeM7122]

The third stimulus is a bit different than the second and third.  Here is a TurboTax article with more information. And here's another one with details about the American Rescue Plan.