GettyIf you’ve yet to get your stimulus money for your qualifying dependents, it could be on its way soon. Low-Income Americans Missing Dependent Stimulus MoneyThe CARES Act provides economic impact payments, also referred to as stimulus payments or stimulus checks, up to $1,200 for individuals and up to $2,400 for taxpayers filing a joint return. Those calculations did not include additional money for qualifying children claimed on returns submitted through the online non-filer tool. That’s tough news for individuals who need stimulus money to help tide them over during the coronavirus crisis. Originally, the IRS said individuals who didn’t receive their dependent money wouldn’t receive it until some time next year.

Source: Forbes July 01, 2020 19:07 UTC