Stimulus check vs. RMD

Bob_L
Bob_L SuperUser ✭✭✭✭✭
edited February 2023 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 Business & Personal Subscription, Windows 11 Home

Comments

  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    Interesting article ... but I'll let TTAX figure it all out.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Sherlock
    Sherlock Member ✭✭✭✭
    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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