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https://www.kiplinger.com/tool/taxes/T023-S001-stimulus-check-calculator-2020/index.php
You probably heard on the news that you'll be getting a $1,200 check from the IRS as part of the latest economic stimulus law. However, not everyone will get the same amount.
https://cashmoneylife.com/economic-stimulus-rebate-frequently-asked-questions/
You will not receive an economic stimulus rebate in 2008 if: Your net income tax liability is zero and your qualifying income is less than $3,000. You can be claimed as a dependent on someone else’s return. You do not have a valid Social Security Number. You are a nonresident alien.
https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know
Eligible taxpayers who filed tax returns for either 2019 or 2018 will automatically receive an economic impact payment of up to $1,200 for individuals or $2,400 for married couples and up to $500 …
https://www.modernsalon.com/623572/covid-19-cares-act-includes-recovery-rebate-and-expanded-unemployment-benefits
11 days ago · 2019 or 2018 tax returns will be used to calculate the rebate advanced to taxpayers, but taxpayers eligible for a larger rebate based on 2020 income will receive it in the 2020 tax season. Individuals earning up to $75,000 will receive $1,200, plus an additional $500 for each child.
https://www.wpri.com/health/coronavirus/qa-heres-how-your-federal-coronavirus-relief-check-will-work/
Congressional staffers estimate the rebates will cost the federal government $292 billion, making them just one relatively small component of the massive $2 trillion rescue bill.
https://taxfoundation.org/cares-act-senate-coronavirus-bill-economic-relief-plan/
We estimate that nearly all filers below the 80 th percentile will receive a rebate, but only 0.1 percent of filers above the 99 th percentile will receive a rebate due to the rebate phaseouts. The average rebate will be about $1,523, ranging from $1,436 for the 0 to 20 th …
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/audit/us-audit-interpretive-guidance-on-revenue-recognition-under-asc-605.pdf
Ability to Reasonably Estimate Returns Under ASC 605-15-25-1(f), an entity must be able to make a reasonable estimate regarding future returns to recognize revenue upon shipment of the product (provided that the other requirements of ASC 605 are met). ASC 605-15-25-3 indicates that the ability to make such an estimate depends on
https://www.thetaxadviser.com/issues/2009/apr/whenisarebateliabilityfixedandeligiblefortherecurring-itemexception.html
In recent guidance, the IRS has been scrutinizing the timing of the deduction of rebate payments (expenditures generally eligible for the recurring-item exception) and focusing on whether the related liability is actually fixed by year end and therefore eligible …
https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/
Mar 26, 2020 · Calculate how much you’ll get from the $1,200 (or more) coronavirus checks Over 80 percent of American adults will receive a payment
https://www.freeshipping.com/about/faq/rebates
With a FreeShipping.com membership, you can claim up to $10 per shipping fee you’ve had to pay on a purchase made at a retailer through FreeShipping.com. You can claim up to $500 …
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