By Tara Siegel Bernard More than 25 million lower-income Americans whose stimulus payments were delayed finally received them on Wednesday. And one group still waiting — certain veterans and their beneficiaries — can expect their payments to arrive next week, the Internal Revenue Service said. The payments have been issued in groups, with the first […]
Tag: Income
Virus Did Not Bring Financial Rout That Many States Feared
Grim forecasts held up for a few states, but many took in about as much tax revenue as before the pandemic — sometimes a lot more. Change in state tax revenue –42.5% –10.0% 0 +10.5% +2.5% The change in tax revenue during the “pandemic period,” April through December 2020, compared to the same period in […]
Stimulus Payment Delayed? You May Need to Claim It on Your Tax Return
Millions of people have already received their $600 federal stimulus payment. But some Americans will have to wait a bit longer — and may have to file their tax return to collect it. By law, the I.R.S. said, it must issue the stimulus payments by Jan. 15. After that, those who are entitled to a […]