Stimulus check vs. RMD

Bob_L
Bob_L SuperUser ✭✭✭✭✭
in The Water Cooler
If you lost out on the stimulus due to high income, there may be a way to get it back according to this article
Quicken Premier Subscription, Windows 11 Home

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  • NotACPA
    NotACPA SuperUser ✭✭✭✭
    Interesting article ... but I'll let TTAX figure it all out.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Sherlock
    Sherlock SuperUser ✭✭✭✭✭
    Bob_L said:
    If you lost out on the stimulus due to high income, there may be a way to get it back according to this article
    They're simply pointing out that, if the RMD waiver enables you to reduce your 2020 income enough, you may qualify for the tax credit (aka stimulus) when you file.

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