I believe my amount is incorrect as well. Today I received $1,769.60 in stimulus payment. My adjusted gross income on my filed 2019 tax return is $202,608.00. I am married and filed jointly.
I have 4 children that live with us: 13,11 and twin 5 year olds. All these meet the criteria for $500 each.
I was expecting $2,000 ($500 for each dependent).
I was not expecting anything else due to our adjusted gross income level exceeding the $198K threshold.
We are very fortunate to make the money we do and we don’t need a stimulus payment to pay the bills. And we feel bad for everyone that is impacted by this pandemic and then received the incorrect amount. I am personally worried how the IRS is coming up with all these numbers and how it will affect us when we file our 2020 tax return.
