Stimulus Eligibility

Forum|Forum|5 years ago
March 18, 2021
3 replies
21 views

I am in the middle of doing our taxes. TurboTax shows we are eligible for a $1078.00 stimulus. I do not understand how this is possible because our AGI exceeds the $160000 limit for a married couple filing a joint return. I used a stimulus calculator using the same numbers from my return and it says we are ineligible. We have received no stimulus payments in the past. I went all the way through the return checks and there are no errors. Why is TurboTax showing us as eligible?

Best answer by VolvoGirl

The 160,000 max is for the 3rd Stimulus just going out now. It is not included on your tax return. The 2020 tax return only reconciles the first 2 rounds. First round phases out 150,000-198,000 and the second round 150,000-174,000. I think those are the limits.

PattiF

Level 15

TurboTax is showing the first and second stimulus payments. You may be eligible for a partial amount. The amount of the payment is reduced after $150,000.

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joejazzAuthor

Level 2

Thank you for the prompt reply! This reads different than what I've seen elsewhere. Here is a clip from the IRS website that sets the $160,000 limit. The article you posted does not list a maximum AGI of $160,000. I used the 5% differential in the article and it comes up exactly. Really confused.

VolvoGirlAnswer

Level 15

VolvoGirl

Level 15

What is your 2020 AGI? How much did you already get for the first and second rounds? I made a spreadsheet to check. Any dependents under 17?

joejazzAuthor

Level 2

2020 AGI is $177,000

No previous stimulus payments.

No Dependents under 17.

Only my wife and I filing married jointly.

Thanks.

hendry2021

Level 2

Hi,

For a non-resident alien, how to tell Turbotax that the person isn't eligible for the stimulus?

Thanks,

DMarkM1

Level 15

If you are filing as a non-resident alien you will use a form 1040NR and stimulus payments will not be part of the interview. TurboTax does not support the 1040NR, but you can use Sprintax for support with that form.

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