Released: April 08, 2021

Veterans should get $1,400 stimulus payments by April 14

Source: Michelle Singletary, Washington Post (Paid Registration)

Recent distributions also include supplemental or “plus-up” payments for people who have received partial stimulus payments based on their 2019 return. Under the American Rescue Plan, the IRS could use a taxpayer’s 2019 or 2020 return to issue what it calls an economic impact payment, also referred to as a stimulus payment. If someone’s income dropped last year compared to 2019, that might entitle them to a plus-up payment.

 

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