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brgtr3
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Why does Turbo Tax say I am eligible for a Stimulus Credit when my AGI is over $150,000?

 
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Why does Turbo Tax say I am eligible for a Stimulus Credit when my AGI is over $150,000?

The amount of your stimulus payment phases out at $150,000. 

If you are a married couple filing jointly and have an adjusted gross income greater than $150,000 you can determine your exact payment amount by performing the following calculation:

Check amount = $1,200 - (((AGI - 150,000)/100)*5)

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