Senile_Texas_Aggie
Herd Master
Have any of the rest of you gotten it?
We received ours a couple of weeks ago.
There are no taxes on it, you don't have to pay it back, it will not affect any tax refunds. "Free" money. There are AGI limits but generally speaking single adults get $1,200, MFJ get $1,200 each for a total of $2,400. This is a one time payment.
Thanks for pointing that out, Mr. @Bruce. I had been wondering if I needed to report it on our taxes for 2020.