topic Is the COVID BILL that just passed in my taxes,? in Deductions & credits

Is the COVID BILL that just passed in my taxes,?

rabrew17 — Sun, 14 Mar 2021 02:42:55 GMT

Re: Is the COVID BILL that just passed in my taxes,?

ee-ea — Sun, 14 Mar 2021 03:58:35 GMT

No.

This is from the IRS https://www.irs.gov/newsroom/irs-statement-american-rescue-plan-act-of-2021

Re: Is the COVID BILL that just passed in my taxes,?

DMarkM1 — Sun, 14 Mar 2021 15:33:35 GMT

No, your 2020 tax return would only include the Recovery Rebate Credit for any missed stimulus payments in rounds one and/or two. However, the information in your 2020 tax return will be use to calculate and issue the third round of stimulus payments. The third round payments will be sent separately from your tax refund.