DavidD66
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Other financial discussions

For the first stimulus, the $1,200 payments for individuals phased between $75,000 and $99,000.  For the second stimulus, the $600 payment phases out completely at $87,000 AGI for individuals.  Both of these stimulus payments were advances on the Recovery Rebate Credit.   If you didn't receive one or both, and you qualify (according to your 2020AGI), you will receive as a credit on your 2020 tax return.  For more information, see:

 

How do I claim the Recovery Rebate Credit in TurboTax?

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