The COVID-19 stimulus checks have begun to arrive in bank accounts – and will continue to do so over the next weeks. But the speed at which the program was rolled out, and the conflicting nature of some of the descriptions of the program has left many with questions about the tax implications of these payments:
Will I have to pay it back?
Will it affect my 2020 tax returns?
If I don’t qualify now, can I get some of this money later?
Forbes magazine has an excellent article answering these questions and others in the myriad the program has generated. Find the article HERE.