Is the original $1,200 stimulus check going to come out of our tax refund?

[HabitualChiller]

I'm slow, so pardon the late thread, brehs and fukk-brehs.

 

[50CentStan]

Good question. More than likely

 

[Morethan1]

No

 

[Pseudonym]

It better not, I need to buy a fence

 

[Boolean]

Do you know what type of country we live in

 

[Toe Jay Simpson]

No, the IRS would have had to notify people of that during the initial phase as that would have essentially been an advance on funds

 

[HabitualChiller]

It better not, I need to buy a fence

Homeowner problems.

 

[HabitualChiller]

No, the IRS would have had to notify people of that during the initial phase as that would have essentially been an advance on funds

I thought so as well. I don't remember seeing anything like that when I received my cheddar though.

 

[Pseudonym]

Homeowner problems.

HoA killing me. It has to be a white fence.

 

[Osmar]

Nope

Your stimulus check is not an advance tax refund, and will not affect tax refunds based on your 2019 and 2020 tax returns. Additionally, you will not have to repay the stimulus money.

The stimulus payment is a new federal tax credit for the 2020 tax year, which is why you may have heard it referred to as a stimulus rebate. But unlike other rebates, such as the federal child tax credit or earned income tax credit, Americans are eligible now to receive payments instead of having to wait until tax time next year for a larger refund or a tax payment reduction.

 

[skylove4]

It better not, I need to buy a fence

be the talk of your neighborhood and build a moat around yo shyt

 

[Yapdatfool]

The extra unemployment WILL, depending on the state you collect it at...

Stimulus money will not.

 

[levitate]

No.
It will have no affect on your taxes.

 

[Ziggiy]

No

 

[HabitualChiller]

Thanks for the answers, peeps. Can't wait to get my quap