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OK here is the question. In the past when the government sent out a stimulus check, at tax time you claimed it as income and paid tax on it. The way I understand what they are doing this time is they are allowing you to keep an extra $9.00 or so of YOUR GROSS PAY. So when you file your taxes next year you will just get that much less in your refund or owe that much more if you have to pay in... It looks like the NET gain for the average person is ZERO... OR am I missing something?
IF an accounting type person who actually knows, not people speculating. please, I would really like to know..... Or are they going to keep it a secret until tax time, hoping we all forgot.
IF an accounting type person who actually knows, not people speculating. please, I would really like to know..... Or are they going to keep it a secret until tax time, hoping we all forgot.