Your stimulus check- how to make sure IRS gets it right

Most of us are a little doubtful of the IRS’ ability to get things exactly right especially with the rebate being partially phased out as your income goes up. If you’d like a method of double-checking the government’s calculation of your soon to be coming stimulus check, feel free to use our calculator below. Just drop in the number of dependent children under 17 and your estimated 2020 gross income (when in doubt just use the AGI number from your 2018 or 2019 return). We’ve provided a download link if you’d like to share the worksheet with your friends.

Additional Information

A typical family of four is eligible for a $3,400 stimulus rebate.
The rebate amount is reduced by $5 for each $100 that a taxpayer’s income exceeds the phase-out threshold. The amount is completely phased out for single filers with incomes exceeding $99,000, $146,500 for heads of household filers with one child and $198,000 for joint filers with no children.
Stimulus rebates are being based on your estimated 2020 income.
Since the total 2020 income is not yet known, the government is basing the calculation on the 2019 tax return (or the 2018 tax return if the 2019 tax return has not yet been filed).

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David Conley

David is a partner at Smith, Conley & Associates, PC. In addition to writing and tax consulting, he is active in the pro-life community serving as President of the Fayette County Right to Life chapter of Georgia Right to Life.
He is also a founding Board Member and Finance Director of the Fayette Pregnancy Resource Center and serves on the Board of the National Equal Rights Institute.