Will 1099 get stimulus money

rhammonds80 — Sun, 19 Apr 2020 04:02:25 GMT

Re: Will 1099 get stimulus money

VolvoGirl — Sun, 19 Apr 2020 04:10:29 GMT

It doesn't matter what kind of income you have. Just if you made under the max amount.

Single is 75,000 and phases out to 98,000

Joint is 150,000 up to 198,000

Re: Will 1099 get stimulus money

VolvoGirl — Sun, 19 Apr 2020 04:18:09 GMT

See if you are eligible and other info....

https://www.irs.gov/coronavirus/economic-impact-payment-information-center

Maximum payment amounts

The $1,200 Payment for eligible individuals with no qualifying children ($2,400 for married couples filing a joint return) will be reduced to $0 once adjusted gross income reaches the following thresholds:

$198,000 for taxpayers filing a joint return
$136,500 for taxpayers filing as head of household
$99,000 for all others

Each of these threshold amounts increases by $10,000 for each additional qualifying child. For example, because families with one qualifying child receive an additional $500 Payment, their $1,700 Payment ($2,900 for taxpayers filing a joint return) will be reduced to $0 once adjusted gross income reaches the following thresholds:

$208,000 for taxpayers filing a joint return
$146,500 for taxpayers filing as head of household
$109,000 for all others

topic Will 1099 get stimulus money in Retirement tax questions

Will 1099 get stimulus money

Re: Will 1099 get stimulus money

Re: Will 1099 get stimulus money