i only recieved $300.00 for myself and $300.00 for my child but nonetheless i only made a total of 13000.00 for the year and some of my firends made over 30.000.00
Answers: They have higher duty withholdings, and paid more surrounded by taxes, so they got wager on more of a refund and a difficult stimulus check.
The checks aren't "free money". They are a refund of segment of what is payed. Pay more =higher refund.
The rebate are based on your import tax liablity. Since your income was lower than your friends, you would enjoy little to no tax on your income. Because of that, you be only eligible for the minimum rebate.
Now if you be talking around your regular tax discount, that might be a little different.
The IRS website explains the rebate process and even have a calculator to figure your rebate amount.
The rebate IS free money. It will not cut back on your refund or increase your tariff due. It's an advanced credit, not an advanced refund.
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Answers: They have higher duty withholdings, and paid more surrounded by taxes, so they got wager on more of a refund and a difficult stimulus check.
The checks aren't "free money". They are a refund of segment of what is payed. Pay more =higher refund.
Is near another stimulus grant coming?
The rebate are based on your import tax liablity. Since your income was lower than your friends, you would enjoy little to no tax on your income. Because of that, you be only eligible for the minimum rebate.
Now if you be talking around your regular tax discount, that might be a little different.
The IRS website explains the rebate process and even have a calculator to figure your rebate amount.
The rebate IS free money. It will not cut back on your refund or increase your tariff due. It's an advanced credit, not an advanced refund.
Resolved Questions: