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Here’s why some people’s Economic Impact Payment is different than expected
https://www.irs.gov/newsroom/heres-wh...
https://accountinginstruction.info
COVID Tax Tip 2020-59, May 20, 2020 As people across the country receive their Economic Impact Payments, some might receive a different amount than they expected. Eligible individuals receive a payment for $1,200. Two eligible individuals filing a joint return receive $2,400. And, eligible individuals receive up to an additional $500 for each qualifying child who meets the conditions outlined on the Qualifying Child Requirements page.
By Robert (Bob) SteeleHere’s why some people’s Economic Impact Payment is different than expected
https://www.irs.gov/newsroom/heres-wh...
https://accountinginstruction.info
COVID Tax Tip 2020-59, May 20, 2020 As people across the country receive their Economic Impact Payments, some might receive a different amount than they expected. Eligible individuals receive a payment for $1,200. Two eligible individuals filing a joint return receive $2,400. And, eligible individuals receive up to an additional $500 for each qualifying child who meets the conditions outlined on the Qualifying Child Requirements page.