Stimulus

By Terry Savage on May 05, 2021 | Wild Card

With retirement pension plus annuity totaling more than the CAP, I received a reduced amount on 2nd check which was mailed directly to me. No checks were received or deposited with original and 3rd payments.
Is the final decision based on one’s gross income or adjusted income?

Terry Says

Are you completely missing those two checks — the original $1200 and current $1400? I’m not quite sure what you’re asking!
The $1400 will be based ultimately on your 2020 return income level. So if you haven’t filed 2020 yet and the AGI will be lower than 2019,do so immediately.

money

ASK TERRY

a personal
finance question