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After you file
@Karlyh83 - what is on Line 30 of your tax return?
Assuming you made less than $75k (single), $150k (married), it is rather simple:
On your 2020 tax return (prior tax returns don't matter)
$1200 per taxpayer and $500 per child under 17 as of 12/31/20 PLUS
$600 per taxpayer and $600 per child under 17 as of 12/31/20 MINUS
what you received from the first two stimulus payments
THAT is what should be on line 30.
it is more complicated to explain if your income exceeds the limits above
Why are you not eligible (or does tax advocate not understand?)
April 12, 2021
12:44 PM