Will You Owe Taxes on Last Year’s Stimulus Payments?

Two stimulus payments have arrived electronically in most Americans’ bank accounts — or as checks or debit cards in the mail — over the past year as Uncle Sam’s way of helping us get through the coronavirus pandemic. But now, a lot of people are nervous, wondering whether they are going to owe extra taxes for receiving those payments. We don’t say this often about the IRS, but it actually has some…

Original Article Posted at : https://www.moneytalksnews.com/will-you-owe-taxes-on-last-years-stimulus-payments/