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For the 3rd stimulus payment, what happens if my 2020 return is processed after IRS sends the stimulus check
My family's income in 2020 decreased compared to my income in 2019. Our 2020 income is below the $150,000 threshold, while our 2019 income is above.
However, the IRS sent me the stimulus check before my 2020 return is processed, so they used my 2019 income information, which results in a significantly lower amount in the check. Question: Will IRS send another payment to me to make up the difference between what my payment should have been if based on my 2020 return?
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March 29, 2021
9:37 PM