Never did get the first one. Supposedly can deduct that from your taxes due if you qualified (which I did and got an IRS letter stating that about Jan 5).
Got second one on a check mailed to me. Reduced slightly.
Nothing on the 3rd one yet.
Today was talking to my tax guy. He's telling me that because I withdrew some IRA $$$ (to buy a house) my taxable income for 2020 is increased (which I knew/was expecting). Then he proceeds to tell me that may disqualify me from getting all but about $25 of the tax offset from the first stimulus!
So basically, since the IRS couldn't do their job and send me the first one in 2020 I get screwed out of over a thousand dollars because my income went up the NEXT tax year.
He even said if anyone could explain how this whole stimulus thing from the government worked they needed to explain it to him because it does not make sense.
Got second one on a check mailed to me. Reduced slightly.
Nothing on the 3rd one yet.
Today was talking to my tax guy. He's telling me that because I withdrew some IRA $$$ (to buy a house) my taxable income for 2020 is increased (which I knew/was expecting). Then he proceeds to tell me that may disqualify me from getting all but about $25 of the tax offset from the first stimulus!
So basically, since the IRS couldn't do their job and send me the first one in 2020 I get screwed out of over a thousand dollars because my income went up the NEXT tax year.
He even said if anyone could explain how this whole stimulus thing from the government worked they needed to explain it to him because it does not make sense.