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Returning Member
posted Apr 13, 2020 11:11:57 AM

It says I made 200k in 2018

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3 Replies
Expert Alumni
Apr 13, 2020 11:34:10 AM

You may not be eligible for the stimulus checks if your 2018 income was $200,000.  Is that your question?

 

You will receive a stimulus check if you:

  • Have a Social Security number.
  • Have filed taxes in 2018 or 2019, or don't earn enough to file but receive Social Security payments.
  • Earned less than $99,000 for single filers, $136,500 for heads of household, or $198,000 for married filers according to the most recent tax return filed.
  • Are not claimed by someone else as a dependent.

For more information, please see here and here.

Not applicable
Apr 13, 2020 11:48:58 AM

even if you made 200K in '18 what about '19.   the actual stimulus amount will be based on the 2020 return against which any adavnce will need to be subtracted.  if the advance exceeds the credit, at the present time there is no provison in the law requiring repayment or picking up the excess as income.

Returning Member
Apr 13, 2020 11:50:50 AM

no i didn't actually make 200k in 2018 turbo tax just for whatever reason is it just based off what i made in 2019? cause i def didn't make 200k in 2018