Ask Terry Questions Stimulus Checks

Stimulus Checks

By Terry Savage on December 29, 2020 | Wild Card

The first stimulus we received in May was based on our (MFJ) 2018 return was about $750 total. Had they used our 2019 return, it would approached $1800 total. Is there any recourse to get the larger amount? I would assume that the new stimulus will be based on a one’s 2019 return.

Terry Says

Yes, there IS recourse and you can get the balance when you file your 2020 return. Read this column I just posted today.

money

ASK TERRY

a personal
finance question