Talk of The Villages Florida - View Single Post - Stimulus check deposited today?
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Old 04-09-2020, 02:25 PM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Spalumbos62 View Post
I dont know about the tax part- but fingers crossed its tax free
But I did understand if you make more than 75,000 but less than 99,000 your check amount would be 5$ less for each $100 over the 75,000 mark. So if you made $78,000 your check amount would be $1050.
You can uncross your fingers because the check is tax free. It is treated like a tax credit. In fact, even people who are delinquent and owe back taxes will still get the full or prorated amount based on income. The only people who may not get a check are those who are behind in child support payments and have been reported to the Federal Government.