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After you file
It doesn't mean that. You can get other odd amounts. Mine even had cents on it. It's a 5% reduction for the amount over. Like for
Joint 197,820 -150,000 (max) = 47,820 x .05 = 2,391. So 2,400-2,391 = $9
Single 98,820 - 75,000 = 23,820 x .05 = 1,191. So 1,200 - 1,191 = $9
See https://www.irs.gov/pub/irs-utl/how_do_I_calculate_my_eip.pdf
‎June 20, 2020
3:50 PM