Comments on: Coronavirus Stimulus Check: What You Can Expect and Other Benefits Coming Your Way https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/ Clear A Path To Financial Freedom. Sun, 10 Jan 2021 16:27:48 +0000 hourly 1 https://wordpress.org/?v=6.4.5 By: tamar https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/#comment-222182 Sun, 10 Jan 2021 16:27:48 +0000 https://www.moneypeach.com/?p=14384#comment-222182 i am head of household and in 2018 sold stocks which put me at a higher bracket and got 10 dollars stimulus check. 2019 was less than 75k and was filed in April 2020 which is still in process. would I get the full stimulus check (prorate)? do i get the full amount for the last stimulus? or they are still going to calculated from my 2018 tax return? thanks

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By: Chris Petrie https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/#comment-10707 Sat, 04 Apr 2020 00:12:06 +0000 https://www.moneypeach.com/?p=14384#comment-10707 In reply to Cindy Stoneouse.

Hi Cindy, the IRS stated back on March 30th that it’s website would build a portal where people can update their information β€œin the coming weeks.” That’s all we know for now, but as soon as something is updated, I will post it here.

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By: Cindy Stoneouse https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/#comment-10704 Fri, 03 Apr 2020 17:29:31 +0000 https://www.moneypeach.com/?p=14384#comment-10704 The IRS does not have bank routing numbers for us since we always have had to pay more in one the Federal level. We do, however, get a small state return which is direct deposited. Will we get a check by mail? If so, timelines on that?

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By: Chris Petrie https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/#comment-10696 Wed, 01 Apr 2020 22:09:21 +0000 https://www.moneypeach.com/?p=14384#comment-10696 In reply to Christy Prinz.

Hi Christy, if you haven’t filed and haven’t received any benefits from disability of SSI yet in the past, then there you most likely will not be receiving anything. However, if your husband is receiving anything via disability benefits, then you can expect to see the $1,200 go into the same account your husband receives for his disability assistance.

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By: Chris Petrie https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/#comment-10695 Wed, 01 Apr 2020 22:07:25 +0000 https://www.moneypeach.com/?p=14384#comment-10695 In reply to Susan.

Whatever the IRS has on file for you for direct deposit will be how you receive the CARES Act rebate Susan πŸ™‚

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By: Chris Petrie https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/#comment-10694 Wed, 01 Apr 2020 22:06:39 +0000 https://www.moneypeach.com/?p=14384#comment-10694 In reply to Amy.

Good news Amy! This is NOT taxable income and you will NOT have to pay any of it back.

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By: Chris Petrie https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/#comment-10693 Wed, 01 Apr 2020 21:15:40 +0000 https://www.moneypeach.com/?p=14384#comment-10693 In reply to Judi Street.

Hi Judi,

It sounds like even if you do owe back child support (or even back taxes for that matter) that you would still be receiving the $1,200 from the CARES Act.

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By: Chris Petrie https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/#comment-10692 Wed, 01 Apr 2020 21:13:24 +0000 https://www.moneypeach.com/?p=14384#comment-10692 In reply to Amy Maestas.

Hi Amy, if you claimed your daughter as a dependent on your last filing, then she will not be receiving money from the CARES Act. Basically, anyone who is claimed as someone else’s dependent will not be getting assistance. Sorry about that πŸ™

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By: Amy Maestas https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/#comment-10691 Wed, 01 Apr 2020 17:54:28 +0000 https://www.moneypeach.com/?p=14384#comment-10691 I am a single parent who filed HOH my daughter is now 20 working 2 jobs and going to college but lives with me so I was able to claim HOH. She filed and paid taxes, will she also receive a check?

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By: Judi Street https://www.moneypeach.com/how-much-will-my-coronavirus-check-be/#comment-10688 Wed, 01 Apr 2020 01:37:23 +0000 https://www.moneypeach.com/?p=14384#comment-10688 Hi Chris,
What if someone owes back child support? Will they get the $1200 or would it go to the other parent?

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