STIMULUS PACKAGE/STIMULUS PAYMENTS
30 MAR 2020

Posted by robbie Categories: BLOG Comments: Post closed for comments

STIMULUS PACKAGE/STIMULUS PAYMENTS Payments will arrive in the following manner:

  • If Filed 2019 taxes already and if direct deposit, stimulus payment deposited into same account, otherwise mailed.  Some taxpayers payments may arrive as soon as April 15, 2020!!!
  • If 2019 taxes NOT filed already, IRS will look to 2018 to determine eligibility status and payments will be sent in same method as above
  • NOT AVAILABLE TO NONRESIDENT ALIENS, IF DEPENDENT ON ANOTHER PERSON’S TAX RETURN, ESTATES/TRUSTS
PLEASE NOTE THAT THESE PAYMENTS ARE TREATED AS AN ADVANCED PAYMENT TO YOUR 2020 TAXES. MEANING IN 2020 ANY REFUNDS/CREDITS WILL BE REDUCED BY THE AMOUNT OF THIS STIMULUS PAYMENT