Stimulus Check Do We Have Pay Back
The stimulus check is a new federal tax credit available in 2020 that the.
Stimulus check do we have pay back. People who make significantly more money in 2020 than in 2019 will not have to pay back any of the money they receive from the stimulus. The checks which are worth 1 200 for individuals earning up to 75 000 and 2 400 for couples earning up to 150 000 plus 500 for dependents under. You don t have to pay your stimulus check back to the government and it will not reduce your tax refund for the year.
For example if an individual earned 50 000 in 2019 they.
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