Half a Stimulus Check? Some Confused After Receiving Only Part

Half a Stimulus Check? Some Confused After Receiving Only Part of $1,400 Payment

Summer Lin Mon, March 22, 2021

The IRS said last week that it has already sent out around 90 million stimulus checks under the American Rescue Plan passed earlier this month — but some people have reported only getting partial payments.  “It was a pretty big shock when we thought we were going to receive $4,200 and only got $2,100,” Joshua Bair of Kentucky told King5.

Who qualifies for a stimulus check?

Individuals making under $75,000 and couples making under $150,000 qualify for the full $1,400 payment, plus $1,400 per child or adult dependent.  The payments phase out for individuals earning more than $75,000 a year and joint filers earning more than $150,000 a year, with payments capping out at annual incomes of $80,000 and $160,000, respectively.

What’s the issue?

Cassie Greaney and her husband Marc of Payson, Arizona, said they have two daughters they claimed as dependents, 12 News reported, but still haven’t received their full payment despite qualifying for $1,400 checks.

“According to the IRS, they have sent the full $5,600 owed to us. According to my bank, they have received $2,800 and there are no pending deposits,” Greaney said, according to the station.

The IRS has not commented publicly on the reported issue. McClatchy News has reached out to the agency to request comment.

Frustration from only receiving half of eligible payments has spawned a Facebook group called “Half Stimulus Missing/Received Status.”

“Under the guidelines we should have received $5600, for my husband and I and our 2 children,” Sarah Conley of Indiana wrote in the Facebook group. “We only received half, $2800. But when I go to the IRS get my payment tool, when I put in mine OR my husband’s info, it says there are errors so I cant even see what the status is.”

For married couples who file jointly, some have said they realized after checking the IRS’ Get My Payment tool that the dates for when the IRS says money will be deposited differ for each person.

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https://www.yahoo.com/news/half-stimulus-check-confused-receiving-203505223.html