Originally posted by Kaiser:
NYMM - I'm on the high end - but I thought I was still low enough to get the full $600.
I looked up the irs site and found out how they prorate... They multiply the amount of your Adjusted Gross Income over $75k by 0.05 (5%) and subtract that from your amount.
AGI is your tax liability. At least the figure used to calculate your tax liability. There is a line on your 1040 that lists the amount.
However, I don't think the stimulus/welfare makes any adjustments to the amounts they are paying you.
Either you qualify or you don't. The payments are in increments divisible by $300 depending on AGI and dependents and filing/marital status.
If they gave you $57 or whatever it was... it sounds wrong. It sounds like you were fucked.
I'd call the IRS directly. Your paperboy is getting at least $300. You should be getting more than that.
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