You can use an online calculator to make sure you are not short of money from the second stimulus check.
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If you have already been deposited the second stimulus check, or are about to do so, it is best to verify that you were given the correct amount. And in order to do this, you could use an online calculator that was shared on the CNET site.
By putting some data in said calculator, you will be able to know if they gave you the sum that corresponds to you. And if there is any discrepancy you can make the claim to the IRS.
How to use the calculator
–Enter the CNet website where the tool is. Go to the part where it says “Calculate your second stimulus payment” (Calculate your second stimulus payment).
–In “Choose your filing status below”, select “Single” if you are single, “Married” if you are married, and “Head of Household” if you are the head of the family.
–In the question “What was your adjusted gross income (AGI)?” (What was your adjusted gross income (AGI)?), You will put the amount of money that you declared in 2019.
–In the question “How many dependents under age 17 did you claim?” (How many dependents under the age of 17 did you claim?), Enter the number of children who are 16 years old or younger, and that you have declared as dependents with the IRS.
–Finally, click on the button that says “Calculate” and the calculator will give you an estimate of the amount of money you will receive on your second stimulus check.
Remember to know your adjusted gross income (AGI). You can find this information on your 2019 tax return. Find this figure on line 8b of the 2019 federal tax form 1040.
Once you’ve calculated your payment using the CNET calculator, it’s best to use the IRS ‘Get My Payment’ tool to see the status of your payment and a post office service to track your paper check that will arrive directly to your mailbox.
–You may also be interested in: The IRS only has 5 days to send your stimulus check