After you file

jamleach1 · ‎February 16, 2021

@DoninGA I believe your statement is inaccurate. My understanding is that the stimulus paymnets are based on 2019 returns NOT 2020. I have yet to encounter IRS documentation that runs counter to this. See below:

There are two reasons why you will not see the stimulus questions in the Federal Review section of the program.

1. You selected in the My Info section of the program that you are a dependent

2. Your 2019 AGI on the 2019 Federal tax return is higher than the phase out amounts for your filing status

https://www.irs.gov/newsroom/economic-impact-payment-information-center-topic-j-reconciling-on-your-...

Q J3. I received an Economic Impact Payment. Do I need to pay back all or some of the Payment if, ba...

A3. No, there is no provision in the law that would require individuals who qualify for a Payment based on their 2018 or 2019 tax returns, to pay back all or part of the payment, if based on the information reported on their 2020 tax returns, they no longer qualify for that amount or would qualify for a lesser amount.