topic Re: New stimulus package question in After you file

New stimulus package question

Mimi15 — Sat, 13 Mar 2021 03:49:13 GMT

So I already filed my taxes. My husband got $15000 in unemployment which increased our AGI to 160,323. But the new package said that the first 10,000 should be tax free. Prior to that our income was 145,000. Does this effect the overall AGI? And if so, how do I amend the return because we would be eligible for the stimulus package if we are under the 160,000 mark.

Re: New stimulus package question

Bsch4477 — Sat, 13 Mar 2021 04:04:45 GMT

Yes, it affects AGI. Awaiting instructions from the IRS.

Re: New stimulus package question

Mimi15 — Sat, 13 Mar 2021 04:08:41 GMT

Will we be eligible then for the stimulus package?

Re: New stimulus package question

Lorinbkatz — Tue, 22 Jun 2021 17:46:24 GMT

How long do we have to wait to see about a refund on our 2020 taxes. I am single and I know with the new $10,000 and change stimulus about unemployment income I will be getting back almost all the taxes I paid in. Or should I fill out an amended return??

Re: New stimulus package question

Critter-3 — Tue, 22 Jun 2021 18:01:31 GMT

Just keep waiting. The IRS is sending them out in batches over the summer.

See IRS article May 14, 2021

https://www.irs.gov/newsroom/irs-begins-correcting-tax-returns-for-unemployment-compensation-income-...

And see,

https://www.irs.gov/newsroom/irs-sending-more-than-2-point-8-million-refunds-to-those-who-already-pa...