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January 8, 2021
Solved

Why is the Software saying I am eligible for the Stimulus Credit?

  • January 8, 2021
  • 1 reply
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I have a Fed taxable amount of $133,630.00 for 2020 and the software is calculating my wife and I are eligible for a $2756.00 credit.... I thought the stimulus money phased out for earnings over $100K...

    Best answer by DoninGA

    The phaseout of the EIP is if your Adjusted Gross Income for Married Filing Jointly is over $150,000

    1 reply

    DoninGA
    DoninGAAnswer
    Employee
    January 8, 2021

    The phaseout of the EIP is if your Adjusted Gross Income for Married Filing Jointly is over $150,000