Desertis
Level 2
03-28-2020
12:38 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Probably better refereed to as $1,200 Stimulus grant. Every individual who made less than $75,000 or $150,000 joint in 2018 will receive $1,200 per adult and $500 per child. If you used direct deposit your clients will see the money in 2 to 3 weeks. No action required on your or on their part. My question is for individuals who did not have to file. Will they be identified by Social Security, Railroad, or government pensions. I have some old clients living close to the edge that I think I should be reaching out to. I suspect once the payments go out there will be no opportunity to file a 2018 return and say I should have been included. Nothing to support that feeling, other than 40 years of practice.