2020 Taxes And The Stimulus Check
Second round stimulus checks are being sent through mid january.
2020 taxes and the stimulus check. Your federal tax returns play an outsize role in your second stimulus payment and likely your third payment too. When you file your tax return next year there will. The stimulus check will be paid this year based on information from your most recent tax return and will be reconciled in tax year 2020 to ensure you received the correct rebate amount.
Important stuff you need to know. If you re overpaid you don t have to pay it back. Unless the irs mailed your check right at the deadline or your payment is caught up in a direct deposit holdup with tax preparers you ll need to claim money from the 600 stimulus check when you.