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New Member
posted Jul 8, 2020 10:44:35 AM

Stimulus Check Credit

I received a partial payment of $800 based on my 2018 returns. Now, that I have done my 2019 return, I qualify for an additional $400 because I retired that year in April.  Do I get an additional deposit to my social security account or do I get a credit on my tax return?

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1 Replies
Expert Alumni
Jul 10, 2020 5:36:22 AM

You will get a credit on your 2020 tax return. 

 

Per the IRS:

If you did not receive the full amount to which you believe you are entitled, you will be able to claim the additional amount when you file your 2020 tax return.  This is particularly important for individuals who may be entitled to the additional $500 per qualifying child dependent payments. For VA and SSI recipients who don’t have a filing requirement and have a child, they need to use the Non-Filer tool (link) on IRS.gov by May 5 in order to have the $500 added automatically to their $1,200 Economic Impact payment. We encourage people to review our “How do I calculate my EIP Payment” question and answer.

 

Economic Impact Payments