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bakorpela
New Member

Why is the calculation for the second stimulus incorrect?

 
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8 Replies
DianeW777
Expert Alumni

Why is the calculation for the second stimulus incorrect?

The calculation is based on your 2020 income. If there is something different in 2020, than there was in 2019, it may be calculated differently than you expect.

 

Select How much second stimulus check will I get? to find out more with your facts and circumstances.

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bakorpela
New Member

Why is the calculation for the second stimulus incorrect?

Yes, it is based of 2020 and based off that we'd get $1800 for the second round but the program only counts 2 people. 

I ran a few different scenarios and everytime it excludes our dependant.

 

DianeW777
Expert Alumni

Why is the calculation for the second stimulus incorrect?

It seems to be working when I test a scenario with one child and income below the thresholds. However, I would double check the income level to see if you are being impacted by that.  Visit our help center and the IRS Info Center for more information.

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bakorpela
New Member

Why is the calculation for the second stimulus incorrect?

I ran a few different scenarios and it was all calculating wrong. 

2 people with under $150, 000aig should be $1800 second stimulus.. 

bakorpela
New Member

Why is the calculation for the second stimulus incorrect?

Meant to add with one dependant also

DMarkM1
Expert Alumni

Why is the calculation for the second stimulus incorrect?

Many times the reason the dependent does not get counted is because the child's age is 17 or older on your 2020 tax return.  

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bakorpela
New Member

Why is the calculation for the second stimulus incorrect?

So if a 17 year old in high school does not count as a dependent for the stimulus then that equates to them being treated like an adult so they should be able to get their own stimulus check, correct? 

CatinaT1
Employee Tax Expert

Why is the calculation for the second stimulus incorrect?

Unfortunately, no.  There is simply no stimulus for that age group.

 

More Info Here

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