Tax & Current Accounting Topics

IRS News Why the Economic Impact Payment amount could be different than anticipated


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IRS News Why the Economic Impact Payment amount could be different than anticipated 

https://www.irs.gov/newsroom/why-the-...

https://accountinginstruction.info

WASHINGTON — The IRS and Treasury have successfully delivered nearly 130 million Economic Impact Payments to Americans in less than a month, and more are on the way. Some Americans may have received a payment amount different than what they expected. Payment amounts vary based on income, filing status and family size.  See below for some common scenarios that may explain why you received a different payment amount than expected:

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Tax & Current Accounting TopicsBy Robert (Bob) Steele