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Level 5
March 12, 2021
Question

Stimulus #3

  • March 12, 2021
  • 1 reply
  • 7 views

Does anyone know if the upcoming stimulus will also feature a " no pay back of excess" feature like the first two?

  

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1 reply

BobKamman
Level 15
March 12, 2021

Yes, there is no payback of the advance payment if it turns out when the 2021 return is filed that the taxpayer was eligible for less than received.  

See Page 346-347

https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR1319EAS.pdf