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boxtrn
boxtrn asked in Business & FinanceTaxesUnited States · 1 year ago

I'm on perm. SS disability. Single. All else meets the criteria. I took out over 99G unearned IRA $$. Will I get the 1200.00 stimulus check?

6 Answers

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  • StephenWeinstein
    Lv 7
    1 year ago

    No What you took out of the IRA is "income" and will put you over the limit.

  • ?
    Lv 6
    1 year ago

    You will not get a stimulus check, as you are over the $99K AGI limit.

  • ?
    Lv 7
    1 year ago

    i heard all americans were getting them

  • Anonymous
    1 year ago

    IRA withdrawals are considered earned, but few people know for sure about any special case. Depends what adjusted gross income showed in 2019 tax filing.

    https://www.irs.gov/coronavirus/non-filers-enter-p...

  • Wayne Z
    Lv 7
    1 year ago

    No.

    The cutoff goes by AGI (Adjusted Gross Income) and not just earned income.

  • Steve
    1 year ago

    If you're not making Bill gates money you will probably get something even if it isn't $1,000

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