Stimulus checks for all Americans?

[hawkeye3210]

I hope they come, my daughter for one will need that $$, my hubby and me for now are working from home and getting paid, who knows how long that will last.  But me daughter works for the Public Schools and here in Virginia  the governor ordered all schools closed for the rest of the Academic Year, my daughter is a part time working on the After School Program, she is also a full time student in College, and looks like she will not get her pay after March.

What worries me about these checks, is that sooner or later we will have to pay it back, most probably in next year's taxes.

No you do not have to pay it back.  smh  Where do you people come up with this stuff.  They sent out stimulus checks a few years ago and nobody had to pay that back.

I said we would have to pay back the stimulus and I was right, They say this is an ADVANCE on your 2020 taxes, so yes we are paying it back.  Nobody give you $$ for free.

No, you don't have to pay it back. It is an advanced credit on your 2020 return. You will either get the payment now or when you file your 2020 tax return.

That is paying back, because if you only get $2500 for 2020 taxes, then you get $100, if you get less than that you have to pay the IRS what you owe so one way or another you paying it back

No, it's not. It's an additional credit. You would still get $2500 back. If you do not get the check now, you could get $4900 on the 2020 return.

[nannycoe1]

Some people have received theirs already but not me

[santa7]

Sure hope I get mine soon.  Need another car (just junked mine) and a new place to rent.

[cathy37]

Believe it or not that is up to you, but just to let you know I have already received mine.  It was in my bank account last week.

[claudegrizzle]

There are 3 adults in our household, and we each got our stimulus check, all by direct deposit. My parents got theirs in their bank account that they get tax refunds in. I have not received a federal tax refund before, but I have received a state one, so I guess the federal government somehow got my bank account information from the state of California. Our income has not dipped drastically during this time, but it is a relief, considering that our rent is $3000/month in Southern California. I work from home exclusively as well as my mom, and my dad is an essential worker working in corporate food service at a pharmaceutical company.