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I earned $100,000 in 2019, but far less in 2020. Why did I not get a stimulus check? How is that fair?

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Dear Moneyist,

I have a question about the stimulus check. Why is the stimulus check based on 2019 tax returns? I earned over $100,000 in 2019 and now I am retired and earned far less than $100,000 this year. Why can’t I qualify for a stimulus check?

Do you think this is fair given that I have not been working as much in 2020? I also know people who made over $100,000 in 2019, but can’t get a stimulus because of their 2019 tax return, even though they earned less this year. Thank you for taking the time to read this.

Candace

The Moneyist:I didn’t receive a $1,200 stimulus check during the first surge of COVID-19. Will I get a $600 check this time…



Source marketwatch.com

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