Ought to I file a tax return, different questions



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It has been a couple of week since Congress pushed via a brand new invoice that may ship $1,200 stimulus funds to thousands and thousands of Individuals.

And your questions on who's eligible for that cash and the way quickly it may arrive carry on coming.

People with adjusted gross revenue of as much as $75,000 stand to obtain $1,200 checks, whereas {couples} who're married and file collectively may stand up to $2,400 if their revenue is under $150,000.

These funds are steadily diminished for revenue above these thresholds, and section out utterly at $99,000 in revenue for people, and $198,000 for joint tax filers who haven't got youngsters.

As a private finance reporter, I at all times hope that the subjects I write about resonate with readers. However this story has been a lot totally different. For every replace on the stimulus checks, the questions have poured in.

Earlier this week, I compiled an inventory of questions and solutions on what we all know thus far on the standing of these funds.

Now, this is one other record,...



Supply cnbc.com



Source marketwatch.com