How Stimulus Payments Impact your Tax Return
Автор: Accounting with Audra
Загружено: 2021-03-19
Просмотров: 73
Описание: How will stimulus payments received in 2020 and 2021 impact your income and how can ensure you get all the payments you are due? This video summarizes in less than 8 minutes how the payments are reflected on an Individual tax return as well as each payment. Additionally, I discuss how filing your 2020 tax return ensures you receive any payments not previously received by the IRS. Stimulus payments are actually tax rebates and understanding how the amount received verse what you and your family may qualify for can result in additional IRS payments. If you aren't sure whether you received what is due to you or want to know how to claim any unreceived funds, filing your 2020 tax return is a must.
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