The timing of filing a 2020 tax return is extra important this year – if you get it right, it could lead to a bigger stimulus check.
The Senate this week is expected to take up President Joe Biden’s $1.9 trillion stimulus plan, which includes $1,400 stimulus checks to Americans receiving the full amount.
Thus far, the payments are based on the same requirements as the first two checks: The full amount will go to individuals with up to $75,000 in adjusted gross income and married couples filing jointly with up to $150,000 in income. In addition, children and adult dependents may also be eligible for a $1,400 check.
