Talk of The Villages Florida - View Single Post - Stimulus check deposited today?
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Old 04-08-2020, 10:36 AM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by BogeyBoy View Post
Also, the amount for each individual is $1200, $500 for dependent children. Something is off. I wouldn't spend that money until positively confirmed into his account.
The amount may not be $1200 if you make more than $75,000, but less than about $100,000. In that case, the stimulus check amount is prorated. However, the stimulus check is counted as a tax credit, so it is not taxable. I think the only way money could be withheld from the check is if the person is behind in child support payments.