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Old 04-24-2020, 09:16 PM   #43 (permalink)
redpoint5
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I read this in another forum:

"...the IRS isn't going to simply draw names or Social Security numbers out of a hat to determine when you'll be paid your stimulus check. Rather, it's going to be issuing paper checks on a weekly basis based on AGI and in $10,000 increments. If you know your AGI from 2019 (if you've already filed your federal return) or 2018 (if you've yet to file), this will tell you precisely when you can expect to receive your stimulus check.

If the IRS has your direct deposit information on file: the week ending April 17.
Paper checks for people with up to $10,000 in AGI: the week ending April 24.
Between $10,000 AGI and $20,000 AGI: the week ending May 1.
Between $20,000 AGI and $30,000 AGI: the week ending May 8.
Between $30,000 AGI and $40,000 AGI: the week ending May 15.
Between $40,000 AGI and $50,000 AGI: the week ending May 22.
Between $50,000 AGI and $60,000 AGI: the week ending May 29.
Between $60,000 AGI and $70,000 AGI: the week ending June 5.
Between $70,000 AGI and $80,000 AGI: the week ending June 12.
Between $80,000 AGI and $90,000 AGI: the week ending June 19.
Between $90,000 AGI and $100,000 AGI: the week ending June 26.
Between $100,000 AGI and $110,000 AGI: the week ending July 3.
Between $110,000 AGI and $120,000 AGI: the week ending July 10.
Between $120,000 AGI and $130,000 AGI: the week ending July 17.
Between $130,000 AGI and $140,000 AGI: the week ending July 24.
Between $140,000 AGI and $150,000 AGI: the week ending July 31.
Between $150,000 AGI and $160,000 AGI: the week ending Aug. 7.
Between $160,000 AGI and $170,000 AGI: the week ending Aug. 14.
Between $170,000 AGI and $180,000 AGI: the week ending Aug. 21.
Between $180,000 AGI and $190,000 AGI: the week ending Aug. 28.
Between $190,000 AGI and $198,000 AGI: the week ending Sept. 4.
All other checks (e.g., those who didn't have tax info on file): the week ending Sept. 11."

Seems strange to me they are going off AGI instead of taxable income. People might have a high income, but have a lot of expenses such as dependents that would reduce how wealthy they appeared.

I haven't seen anything published that talks about what increments the checks are reduced for those exceeding the full check amount.
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