We are retired seniors (MFJ) without dependents who received the first two stimulus payments in their entirety and $600 in December based on 2018/2019 AGI. Our AGI in 2019 is $108K and if based on that return we would receive $2800. Unfortunately we filed our 2020 return early before decisions were made regarding caps for eligibility. We pulled out money from our IRA in 2020 to pay off our mortgage and the associated tax payments for that withdrawal. As a result our AGI was $163K in 2020 on our early return, exceeding the cap for eligibility. Had we waited until the filing deadline we would have received the $2800 and now we will receive nothing. Is that correct? It seems terribly unfair to be penalized for our compliance. Is there anything that we can do?
