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Economic Stimulus Check


2hoophead

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My taxes are tricky due to a family company. We have a lot of phantom income because of how the company is set up, even though we get virtually nothing out of the company in a dividend. So I had expected a lower amount, but for it to be $0 would be rather unfortunate. I got the letter in March or so that indicated that people would be getting stimulus checks starting soon

 

Just found a "tracker" on the IRS site. Says my gross income was too high..so I guess the phantom income was the key.

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