BobKamman
Level 15
05-28-2020
01:46 PM
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Solve for X:
2019 -- return not yet filed.
2018 -- balance due paid.
Social Security -- Yes, direct deposit since 2018.
This client received a check, based on 2018 income. First (and probably last) year his AGI exceeded $75K. I just watched a seminar in which it was stated that IRS has a "one check only" policy for the rest of the year. If you received $200 before filing 2019, you're not going to get the other $1,000 before filing your 2020 return. Same thing, for unfiled returns from parents of babies (twins, triplets, etc.) born in 2019.