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To: Alberta's Child
You think that's irony? I received a substantial raise in 2019, which may disqualify me for the Corona bucks stimulus if based on my 2019 filng. I lost my job due to restructuring in February 2020, just before all he'll broke loose with Corona. I had a couple promising interviews in late February and early March when the economy was placed on hold. Had I delayed filing 2019 and stood on my 2018 filing, I would be in better shape.
5 posted on 03/31/2020 6:24:52 PM PDT by Joe 6-pack (Qui me amat, amat et canem meum.)
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To: Joe 6-pack

You should look into that. I read somewhere that the IRS has a process to file an “income adjustment” application to deal with your type of situation.


8 posted on 03/31/2020 6:27:01 PM PDT by Alberta's Child (And somewhere in the darkness ... the gambler, he broke even.)
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To: Joe 6-pack
I lost my job due to restructuring in February 2020, just before all he'll broke loose with Corona

The payments going out now are advance payments on a 2020 credit.

When you do your 2020 taxes, you may get additional credit, or have to give back, based on where you are with respect to the cutoff amount.

23 posted on 03/31/2020 7:03:33 PM PDT by Fido969 (In!)
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