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Deductions & credits
it should work itself out, but it could take some time.
worst case: when you file next year, everyone will fill out a form to 'settle up' their rebate using their 2020 tax return. think of the 2018 or 2019 tax return as the ESTIMATE of what you are due for stimulus. 2020 information will be the basis of the ACTUAL you are due. If the actual is GREATER than the estimate, you'll receive the difference next spring. if the actual is LESS THAN the estimate, you are not required, by law, to return the excess money!
‎April 16, 2020
6:09 PM