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General Discussion

elleng

(130,768 posts)

1. No, it is not.

Reply to stopbush (Original post)

Mon Mar 30, 2020, 04:03 PM

Mar 2020

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21 replies

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Is that $1200 check we're getting another advance against future IRS refunds? [View all] stopbush Mar 2020 OP

No, it is not. elleng Mar 2020 #1

I've heard it's not Turin_C3PO Mar 2020 #2

Is it taxable income? CurtEastPoint Mar 2020 #3

not 100% sure, but my understanding is yes, it is. unblock Mar 2020 #5

No Marrah_Goodman Mar 2020 #6

It is an advance on a special credit on 2020 taxes Marrah_Goodman Mar 2020 #4

Ok. stopbush Mar 2020 #10

Is it automatic for anyone who filed a return for 2018? lpbk2713 Mar 2020 #7

Automatic for 2018 or 2019, depending if you filed 2019. stopbush Mar 2020 #9

It is automatic. Marrah_Goodman Mar 2020 #11

It's automatic if you filed 2018 or 2019 returns wishstar Mar 2020 #12

If You Filed... ProfessorGAC Mar 2020 #13

Do you know how long it will take to receive if you are getting a direct deposit amount? smirkymonkey Mar 2020 #17

Good Question! ProfessorGAC Mar 2020 #18

Thanks Professor GAC! smirkymonkey Mar 2020 #19

They are using the bank information from the tax returns if you used direct deposit. Marrah_Goodman Mar 2020 #20

Cool ProfessorGAC Mar 2020 #21

Thanks all ... lpbk2713 Mar 2020 #14

Those with higher 2020 income making them go over thresholds might not get to keep it all wishstar Mar 2020 #8

Yes, it is. Jirel Mar 2020 #15

No, but customerserviceguy Mar 2020 #16

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