Thinking about a carry fwd from 2018 to 2019 (a no tax year) seems more like wishful thinking.. A possible carry back to 2016 & 2017 might be feasable..further explanation, in 2018 i had a $25,000. Cap gain from sale of rental realestate. Itwas not agood year to sell because imissed ou t on $1200. Free money & it tripled my medicare ins in 2020. Any ideas will be appreciated ! Stuart
-
-
The $1,200 is valuated based on 2020 income. The 2020 return will decide if you get more or less ( or the same) than what some have already received based on 2018 or 2019 tax returns.Last edited by BOB W; 11-03-2020, 07:31 PM.This post is for discussion purposes only and should be verified with other sources before actual use.
Many times I post additional info on the post, Click on "message board" for updated content. -
"You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe HowardComment
-
Apparently, your EIP was based on the 2018 return, as you had not yet filed 2019, which you indicated was a "no-tax" year? If 2019 had been filed by the due date, it should have been based on that year's AGI..Comment
Comment