Stimulus Eligibility

[joejazz]

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?

[PattiF]

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.

[VolvoGirl]

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?

[joejazz]

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.

[joejazz]

2020 AGI is $177,000

No previous stimulus payments.

No Dependents under 17.

Only my wife and I filing married jointly.

Thanks.

[VolvoGirl · Accepted solution]

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.

[VolvoGirl]

Well I come up with $1,050 for the first round and nothing for the second round.  That's pretty close.  Maybe you gave me a rounded 177,000.

[joejazz]

Thank you.  It was very confusing since I expected nothing, thought we were ineligible and perhaps there was a problem with TurboTax or the way I entered information.   Based on your help I will feel comfortable moving forward. 

[hendry2021]

Hi,

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

Thanks,

[DMarkM1]

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.