Ask Terry Questions Stimulus Check — partial?

Stimulus Check — partial?

By Terry Savage on April 01, 2020 | Wild Card

I received a a distribution from my mothers IRA after she passed away in July. It pushed my income above the $75,000.00 threshold. Will i get the $1500.00 or will get the lessen amount? the distribution didn’t push me above $99,000.00

Terry Says

You will get a partial check, reduced by $5 for every $100 over the limit of $75,000 on an individual return.

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