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Deductions & credits
The payments were always to be based on 2020 income. They were issued in 2020 based on 2019, with the understanding that if the person did not get the payment based on the 2019 income, they would get it on their 2020 tax return if eligible.
It was also determined that although the payment would be based on 2020, if -when the payment was finally calculated on the 2020 income- that 2020 income made them now ineligible, the payment received in 2020 needn't be repaid.
SO, people that didn't get one, have a second chance to get it now, and people that did get one, but shouldn't have based on the 2020 return, do not have to pay it back.
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‎February 6, 2021
8:18 PM