I have not filed my taxes yet. I have filled it all out online but because of an error on my W-2 I held off just to find out about the incoming COVID checks the next day.
As I understand it, the amount received is based on your AGI (annual gross income). For incomes over $75k the amount is reduced the higher your income up to $99k. In 2018 I made quite a bit less than I did in 2019.
My question is whether I should wait to file after I've received a check, file now, or whether the amount has already been decided by now. I know the tax deadline has been extended to July and I'm not in a big rush to receive my return.
As I understand it, the amount received is based on your AGI (annual gross income). For incomes over $75k the amount is reduced the higher your income up to $99k. In 2018 I made quite a bit less than I did in 2019.
My question is whether I should wait to file after I've received a check, file now, or whether the amount has already been decided by now. I know the tax deadline has been extended to July and I'm not in a big rush to receive my return.