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Other financial discussions
there are reports of inaccuracies in the press in certain cases.....
it'll work itself out ...eventually....
- The stimulus payments are really based on your 2020 tax return (income, dependents, etc).
- The IRS is using either 2018 or 2019 – whatever is available - to ESTIMATE that payment
- When you file next year there will be a “settle up” section on the tax return.
- If you are due more stimulus (and this would include where you simply never received it), you will receive it through the 2020 tax filing. If you received too much, by law, you are not required to return it
April 17, 2020
10:49 AM