topic Re: 3rd Stimulus in After you file

3rd Stimulus

mrduggan05 — Fri, 12 Mar 2021 22:05:35 GMT

Anyone get their 3 Stimulus (TAXEIP3) yet? Mine was lower than expected. I thought I qualified for maximum amount since Married Filing Jointly was below $150k

Re: 3rd Stimulus

Cynthiad66 — Fri, 12 Mar 2021 22:19:24 GMT

No. Can't say we have seen anyone experience this yet as today is the first day of issuance of EIP3. Here is some information that might help you. There is a stimulus calculator that may assist with determining if you received the correct amount.

The American Rescue Plan provides relief for millions of Americans through numerous measures, including a third round of stimulus checks, unemployment benefit extensions, and expansions of the Child Tax Credit and the federal Earned Income Tax Credit (EITC).

This means if you qualify for a third stimulus check, you could get up to $1,400 for each taxpayer in your household plus $1,400 for each dependent.

Families earning less than $150,000 a year and individuals earning less than $75,000 a year should get the full $1,400 per person.
Families earning up to $160,000 per year and individuals earning up to $80,000 per year will receive prorated amounts.
One notable difference from the first two stimulus is that you will receive stimulus payments for all your dependents, including adult dependents and college students.

To find out if you are eligible and how much you can expect, visit our stimulus calculator.

How will the American Rescue Plan Affect Your Taxes

Re: 3rd Stimulus

mrduggan05 — Fri, 12 Mar 2021 22:25:38 GMT

ya, I qualify for max. married in Dec 2020. Filed 2020 taxes Feb 16...AGI with unemployeed wife well below the 150k. even if it was based off of 2019 tax return, would be very close to max.... I dont understand. ugh

Re: 3rd Stimulus

Nyctereutes — Sat, 13 Mar 2021 17:17:24 GMT

We are married filed jointly below $150K, my spouse does not have a job. Yesterday received to our joined account only one $1400. Why do they write "per person" I don't understand.

Re: 3rd Stimulus

JotikaT2 — Sat, 13 Mar 2021 17:27:56 GMT

The third stimulus payment is $1,400 per person. If your bank account only shows $1,400, that means the stimulus payment was only sent for one of you and not both. If you were recently married, the other payment may still be on the way.

Please see the link below for additional information on the third stimulus payment and how it is determined.

How will the 3rd stimulus affect me

Re: 3rd Stimulus

Nyctereutes — Sat, 13 Mar 2021 21:36:20 GMT

We were officially married in 1994. For the 2nd stimulus payment we also received only one $600, and we did not receive the first stimulus.

The IRS Get My Payment returns message that status not available.

Re: 3rd Stimulus

mrduggan05 — Sat, 13 Mar 2021 23:28:47 GMT

mine is weird, i have four kids but its not divisible by 4. My GDI does explain the rest. I am so confused.

Re: 3rd Stimulus

Vicchris — Sun, 14 Mar 2021 12:48:22 GMT

We received our 3rd stimulus check, my husband and I file joint and we didn’t make over what they said, but we only received half of the 2800.00

Re: 3rd Stimulus

Vicchris — Sun, 14 Mar 2021 12:49:23 GMT

We have the same situation. I don’t understand why we only received half of 2800

Re: 3rd Stimulus

Vicchris — Sun, 14 Mar 2021 12:54:14 GMT

Yes we are in the same situation. My husband and I file joint . We just received 1400

Re: 3rd Stimulus

Rylan922 — Mon, 15 Mar 2021 02:27:28 GMT

I am in the same boat. We file married filing jointly and with 2 kids; however, we only received 2800 of the 5600 we qualify for. Anyone know why? We are below the $150,000 cap.

Re: 3rd Stimulus

Vicchris — Mon, 15 Mar 2021 10:50:05 GMT

I asked my Tax preparer what’s the reason for that, and if she might know anything but all she can tell me is “I Don’t know “ wow ok.

Re: 3rd Stimulus

CatinaT1 — Mon, 15 Mar 2021 13:20:40 GMT

This information is provided by the IRS - Third Stimulus FAQ

Re: 3rd Stimulus

susancole2 — Mon, 15 Mar 2021 14:28:16 GMT

I got the first 2 stimulus checks and and qualify for the 3rd. I can't seem to find information on how I will get the 3rd check. I filed my 2020 taxes through Turbotax and set up a payment plan when I filed. I know that the stimulus isn't supposed to be held up by taxes owed, but I want to know how I am going to get my stimulus, through direct deposit or a check/debit card. I am sure I am not the only one with this problem, but there isn't much information out there about it.

Re: 3rd Stimulus

KathrynG3 — Mon, 15 Mar 2021 14:58:10 GMT

You do not need to do anything, it will be deposited the same way as the first two stimulus payments.

The stimulus payment will not be used to pay down outstanding taxes.

For more information, see: More details about the third round of Economic Impact Payments | Internal Revenue Service

Stimulus payment resources for your 2020 taxes

Re: 3rd Stimulus

Nyctereutes — Mon, 15 Mar 2021 20:20:40 GMT

The same way as previous two? The first one was not deposited for me at all, and for the second one only half was deposited!

Now you say I don't need to do anything! Are you sure you are an expert?

Re: 3rd Stimulus

JotikaT2 — Mon, 15 Mar 2021 20:35:06 GMT

The terms of issuing the stimulus payments are being handled by the IRS. Your best bet is to refer to the link below for guidance as the IRS issues new guidelines and instructions fairly often at this point in time.

FAQs for Stimulus payments

They have been trying to update their website for situations that are happening to taxpayers and at least providing some guidance as to what you can do or expect in regards to the stimulus payments.

@Nyctereutes

Re: 3rd Stimulus

Jennifer7373 — Tue, 16 Mar 2021 18:56:20 GMT

Yes, I received mine 4 days ago by direct deposit. It was accurate.

Re: 3rd Stimulus

mrduggan05 — Tue, 16 Mar 2021 21:39:49 GMT

Update: apparently it is correct. I was basing it off my 2020 tax return (where i am now married) but it based it off of my 2019 return. Without giving too much info out. My AGI was just a smidge over the 75k and all i got was like $243 of the $1400....id like to see the gov't math on how the scale down from 75k to 80k worked.

Re: 3rd Stimulus

DrewPeden — Wed, 17 Mar 2021 13:13:20 GMT

We are in the same boat! Married June 2020, filed 2020 Taxes Joint in Feb. and only got half of the $2800. So frustrating!