Stimulus Check Tax Law
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The stimulus payment or economic impact payment as the irs calls it is technically a tax credit for 2020.
Stimulus check tax law. Congress has closely linked your taxes and the new 600 stimulus payments. That goes for the second. For most people taxes and stimulus checks are tightly connected.
Not only do your tax returns determine if you qualify for a check but you can claim stimulus money the irs owes you from. For example the most important factor in setting income limits is agi which determines how much of the total amount you could.
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