Quote:
Originally Posted by joey2665
The simple answer is yes. There is a worksheet that has to be completed based on your 2020 income and the amount of the two stimulus checks you received if any and if you are due stimulus funds you’ll receive a credit on your 2020 tax return for that amount
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Joey, two questions: 1. Does it matter if someone files now, or is there some benefit to waiting to file (assuming all info/forms are available)? 2. Will stimulus payments reduce people's overall tax return? For example, if someone made approximately the same amount of money in '20 as in '19 with the same overall tax paid/write-offs, etc. but received stimulus payments will the return be similar?
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