![]() ![]() This could have been from your 2019 tax return or your 2018 tax return if you had not already filed a 2019 return by the time the money was issued. Qualifying for the initial advance payments was based on the information that the government had at the time of distributing the payments. Who is eligible for the 2020 Recovery Rebate Credit? The good news is, if you received too much of the credit, you are not required to pay it back even if you file a 2020 tax return. ![]() You must file a 2020 tax return to claim any credit that you have not already received, even if you otherwise are not required to file a 2020 tax return. ![]() If you did not receive the credit or not enough of the credit through the stimulus payments, the only way to claim the proper amount is on your 2020 tax return.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |