You may miss out on a $1400 stimulus check if you file taxes early


Earlier in the month the IRS began accepting tax returns. Filing early may cause some people to miss out on the $1400 third stimulus check. It is somewhat complicate how this plays out, but you can click HERE and HERE to dive in a little deeper. The first two stimulus checks went people that made less than $75,000 and to couples making less than $150,000, with the amount phasing out for individuals making between $75,000 and $100,000, and for couples earning $150,000 to $200,000. The IRS used 2019 returns to decide who would get the first two. They'll use them again for the third stimulus check... unless you submit your 2020 tax returns, which they will use instead. Good luck on getting the third round of dollars!