Don’t Worry. The $1,200 Stimulus Payment Won’t Cut Into Your Tax Refund Next April

There has been confusion about how the stimulus checks for individuals work. This article has a good explanation.

https://www.forbes.com/sites/advisor/2020/04/06/dont-worry-the-1200-stimulus-payment-wont-cut-into-your-tax-refund-next-april/#4176db25ea8b

Advisor
Kelly Anne SmithForbes Staff
Apr 6, 2020,05:48pm EDT

Here’s a quick explainer on how the stimulus payment works, and how it relates to your 2020 taxes.

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The bottom line: No one will end up owing the IRS extra money next year because of the stimulus check they get now. But some folks who don’t get the full stimulus payment now, may get more later.

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