Economic Impact Payment reconciliation update

14 views
Skip to first unread message

JoeTaxpayer

unread,
May 10, 2021, 7:34:33 AMMay 10
to
I've seen a number of questions on this, and just wanted to offer my
current experience.

I have a unique experience. Retired, and have years of high income due
to Roth conversions. 2019 high income, 2020, low income.
The third stimulus checks were sent based on the 2019 tax return as
that's what the IRS had.
I filed in April, and despite the news I'd been reading of delays in
processing, saw my (small) refund hit my account on May 5th, only a few
weeks later.
Today, (May 12th), the Payment status IRS web page
https://sa.www4.irs.gov/irfof-wmsp/status
shows "We scheduled your payment to be deposited on May 12, 2021 to the
bank account below." Just a week after the refund. That seems pretty
quick to me.

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2011) - All rights reserved. >>
<< ------------------------------------------------------- >>
Reply all
Reply to author
Forward
0 new messages