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Retirement tax questions
The stimulus payment made in 2020 was a tax credit advance on the 2020 tax return. But the IRS used the information from the 2019 or 2018 federal tax returns to facilitate the Economic Impact Payment.
IRS website for Economic Impact Payment information - https://www.irs.gov/coronavirus/economic-impact-payment-information-center
‎December 31, 2020
10:00 AM