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CORONAVIRUS AND TAXES

You will not have to pay back the stimulus money you have received

The stimulus money is a payment to all Americans and legal residents to help us get through this difficult time.

The stimulus money is yours

The initial amounts were based on you 2018/2019 tax returns.

  • If you received more than you would have if it were based on your current income or number of children, you will never have to pay it back.
  • If you receive less than you should have, you will receive the rest when you file taxes for 2020 or 2021
  • More information about what happens if you receive more or less than you think you should have here.
  • Not sure what stimulus payments or amounts you received? Get more information here.

Common questions people have about Coronavirus, money, and the government

Ready to move on to the next step? Click below

Want HELP?

If you still have questions or would like to schedule an your free tax prep appointment, call 211 or visit our friends the Miami Tax Pros