- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How is the IRS going to account for the difference in AGI between 2019 and 2020 for the Third Impact Stimulus Payments?
If the Third Impact Stimulus Payment is based on 2019 AGI (assuming you have not already filed your 2020 taxes) is the IRS going to reissue the difference once you file your 2020 taxes? Many, many Americans will find they have a MUCH lower AGI in 2020 than they did in 2019, due to devastation our country suffered from the global pandemic. I have not seen any guidance from the IRS on this. Anybody else?
Topics:
March 22, 2021
3:27 PM