turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

lwpro
New Member

Heard Donald trump is giving people 1000 dollars to people who did their taxes this year is it true?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Heard Donald trump is giving people 1000 dollars to people who did their taxes this year is it true?

No.  There is legislation in Congress for a stimulus package.  The legislation has not passed Congress yet so the President cannot sign the legislation into law.

Heard Donald trump is giving people 1000 dollars to people who did their taxes this year is it true?

The senate is working on a stimulus package which is likely to include at least one $1,000 payment to individuals, phasing out with a 2018 AGI of $75k. Families may receive $2,400 plus $500 per child, likely to be capped. The tentative 2018 AGI for families is $150k for joint filers. All this is tentative and subject to change but there is most likely something pending. No guarantee this won't be taxable though. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question