Here are some highlights about Economic Impact Payments to individuals. Most individuals will receive $1,200. Joint taxpayers will receive $2,400. An additional $500 is available for each qualifying child. Information is based on the taxpayer’s most recent tax filing. The amount paid now will be reconciled on next year’s tax return based on the taxpayer’s …
Posted: April 1, 2020 by Melissa S. Martin
COVID-19: Economic Impact Payments
Here are some highlights about Economic Impact Payments to individuals. Most individuals will receive $1,200. Joint taxpayers will receive $2,400. An additional $500 is available for each qualifying child. Information is based on the taxpayer’s most recent tax filing. The amount paid now will be reconciled on next year’s tax return based on the taxpayer’s …