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Will there be a fourth round of stimulus payments? What the White House has to say 3 года назад


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Will there be a fourth round of stimulus payments? What the White House has to say

A fourth round of stimulus payments have not been confirmed, but if Americans do get another payment, it is unclear how it would be funded. Well, stimulus payments #1 of $1,200 and #2 of $600 and two were advanced payments on a tax credit you were going to get anyway when you filed your 2020 taxes. They were not taxable income. Stimulus payment #3 of $1,400 is also an advance on a tax credit, but for your 2021 taxes, which you file next year. Again, this is not taxable income. But stimulus #4 would come out of somewhere, but it doesn't appear there is a tax credit to pull from. So, how is it funded, and would there be a tax on it? All questions that can’t be answered yet and who knows if it would be taxed. https://www.wfmynews2.com/article/new... SUBSCRIBE | https://bit.ly/2vsX74I Follow us: Facebook | https://bit.ly/3326pAY Twitter | https://bit.ly/2vIPZkT Instagram | https://bit.ly/39Ghs5a Download the WFMY News 2 app: ►Text the word APP to 336-379-5775 ►For iPhone | https://apple.co/3aaH6iM ►For Android | https://bit.ly/3aea9Sv

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