in 2019 we took alot of money out from our 401k due to home varmint damage that was not covered under insurance. Under the 2019 AGR rules we still got stimulus checks for our kids and small ones for the wife and I.
Now when we filed ( using turbotax of course) our 2020 taxes...our AGR is MUCH lower and we "should" be seeing $7000.
Since they lowered the AGR for the 3rd stimulus we made ( based on the 2019 return) just over the cutoff ( like AGR 2019 170,000.)
BUT our actual 2020 AGR is much lower and like $110,000.
They STILL have not processed our 2020 return which they accepted on Feb12th.
WHEN they finally process our 2020 return...will the IRS send us the 3rd stimulus check which we should fully qualify for based on our 2020 return?
Hope this makes sense and I cannot find a straight answer to this anywhere.
Thank you
