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Get your taxes done using TurboTax
@Markkelly605 - you will receive a letter from the IRS in the next 2 weeks explaining what they did and why. and if there is a correction process.
worst case:
- The stimulus payments are really based on your 2020 tax return (income, dependents, etc).
- The IRS is using either 2018 or 2019 – whatever is available - to ESTIMATE that payment
- When you file next year there will be a “settle up” section on the tax return.
- If you are due more stimulus (and this would include where a child was missed), you will receive it through the 2020 tax filing as an addition to your refund.
April 20, 2020
3:45 AM