Popular Press
How Big Will My Recovery Rebate Be??
Procedurally Taxing blog
(2020)
Abstract
The "recovery rebates" included in the CARES Act are intended to provide immediate economic assistance during the COVID-19 pandemic. They are supposed to be paid to taxpayers, not applied to satisfy any tax debts or other obligations of the taxpayers (except for past-due child support obligations). But that's not quite right. As the Act is structured, less money than anticipated may wind up in taxpayers' pockets.
Keywords
- tax,
- IRS,
- Recovery Rebate,
- CARES Act,
- offset,
- refunds,
- coronavirus,
- COVID-19
Disciplines
Publication Date
April 8, 2020
Citation Information
Robert D. Probasco. "How Big Will My Recovery Rebate Be??" Procedurally Taxing blog (2020) Available at: http://works.bepress.com/robert-probasco/92/