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Your Money: Stimulus check confusion? Common questions, answered

Trade News by Trade News
April 22, 2020
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Your Money: Stimulus check confusion? Common questions, answered
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NEW YORK (Reuters) – In a little over a year, when Americans file their 2020 tax returns, much of what is going on with coronavirus-linked stimulus payments will finally add up.

FILE PHOTO: FILE PHOTO: U.S. currency is seen in this picture illustration taken March 6, 2020. REUTERS/Mike Segar/Illustration

Until then, prepare for confusion.

Think you got shorted on the Economic Impact Payment deposit you received on April 15? Think you got too much?

If you did not get any money, where is it? Will it come in the next round, due in a few days? Will you get the full $1,200 per adult and $500 per child under 17 or some portion thereof? Why can’t anyone answer your questions?

John Dundon had an 86-year-old neighbor stop by his house in Denver, Colorado (unmasked, without regard for social distancing), claiming he had spoken to the White House and they had asked him to talk to Dundon, who had helped him prepare his taxes.

Dundon was caught by surprise by both the visit and the…



Source reuters.com

Tags: answeredcheckcommonconfusionmoneyquestionsstimulus
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