Will everybody get a second rebate check in july?

Question

Will everybody get a second rebate check in july?

Answer 1

I don't think there are any plans for anyone to get a second rebate check unless I missed something.

Answer 2

Second checks are being cut if they did not give you credit for a dependent child on your first check. This is what I found on the IRS web site:

Q. I received my stimulus payment and it didn’t include money for my kids. Does the IRS plan to send me an additional check?

A: Yes. The Internal Revenue Service will mail out approximately 350,000 additional economic stimulus payments starting in early July after discovering that some tax returns were improperly filed and did not capture the information needed to generate the $300 in qualifying child payments.

In some instances, taxpayers did not check the proper box to trigger the $300 child payment. In other instances, a few tax software products primarily used by tax professionals did not capture the proper information needed for issuing the child stimulus payment.

To fix the problem, the IRS is taking extra steps to identify the affected taxpayers and send them separate checks to cover their qualifying children. The IRS emphasized that the corrected checks will be mailed automatically, and taxpayers don’t need to call or take any additional steps.

The vast majority of tax returns with child payments were completed accurately by taxpayers, tax professionals and software providers. The IRS estimates that more than 99 percent of nearly 36 million returns eligible for child stimulus payments were filled out accurately by taxpayers, meaning that less than 1 percent will need the additional check mail-outs.

The additional payments involving qualifying children will be made starting in early July. These payments will be made by paper check, even if people received their regular tax refund or initial stimulus payment by direct deposit.

Taxpayers in this situation received — or will receive in the next few weeks — stimulus payments falling $300 short per eligible child.

The additional checks will be mailed as the regular weekly round of stimulus payments wrap up in early July. The regular stimulus payment timetable will not be affected by these additional checks.

The issue with the child payments involves the Child Tax Credit checkbox on line 6c, column (4) on Form 1040 and Form 1040A.

For the stimulus payments, IRS systems look for information in the checkbox area to generate the $300 qualifying child stimulus payment. In instances involving paper returns, taxpayers did not check this box when completing their return. In some instances, tax software may not have checked this box, meaning the $300 payment was not triggered.

Answer 3

No,not everybody...http://www.newswithviews.com/Hayes/giann...

Answer 4

Uhh no you only get 1