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Tag Archives: $1200

The Moneyist: My children, aged 10 and 15, each received $1,200 stimulus checks — will the IRS penalize us if we keep them?

Dear Moneyist, I received three direct deposits yesterday for $ 1,200 each for my kids, all of whom are under 17. They are aged 10, 10 and 15. We already received our $ 2,400 stimulus check. My wife is on permanent disability and she receives a Social Security payment monthly …

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With over 35 million people filing for unemployment since March, $1,200 stimulus checks are only a Band-Aid for Americans

More than 130 million stimulus checks are already winding their way to millions of Americans. They’re a key part of the government’s $ 2.2 trillion CARES Act, but furloughed and laid-off workers say a maximum $ 1,200 payment is not nearly enough to see them through what could be an …

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The Moneyist: My husband died from COVID-19. Will the IRS allow me to use his $1,200 stimulus check for funeral and medical expenses?

Dear Moneyist, My husband and I filed a joint income-tax return. I am aware that the stimulus check for a husband and wife is $ 2,400, and it will likely be one check. Unfortunately, my husband passed away on April 12 from COVID-19, and I have not yet received our …

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The Moneyist: Where’s my $1,200 stimulus check? My 2018 taxes ruled me out, but my 2019 return qualifies me — when will it arrive?

Dear Moneyist, I was married and didn’t qualify for the $ 1,200 stimulus check based on my 2018 tax returns. I am now divorced and filed my 2019 tax returns separately. It seems that millions of stimulus payments have already gone out. Where is my stimulus check? Will I ever …

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The IRS is sending $1,200 stimulus checks to dead people

Many Americans are eagerly anticipating stimulus checks of up to $ 1,200 starting this week, but in a few cases the recipients won’t be celebrating — because they’re dead. The IRS began distributing $ 290 billion in direct cash payments within the past week as part of a $ 2 …

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Do I have to pay back my $1,200 stimulus check? Don’t fall for these five myths about the stimulus payments

The $ 2 trillion stimulus bill that authorized direct checks to millions of Americans is a sprawling and complicated piece of legislation — true story. But here’s another true story: your money is yours to save, spend, invest or donate because it’s not a loan Uncle Sam is expecting you …

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Will you get a $1,200 check from the $2 trillion stimulus bill? That depends on how much money you make

Millions of Americans are slated to receive $ 1,200 checks as part of a $ 2 trillion stimulus deal — but there’s a cutoff determining who’s eligible for the money. People making over $ 99,000 and married couples making above $ 198,000 will not be receiving the payments, according to …

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