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12/31/20

Second Economic Impact Payment

Guidance on the second stimulus payment ($600 per individual, $1,200 married filing jointly, $600 per qualifying child) and claiming missing payments via the Recovery Rebate Credit.

The second Economic Impact Payment provided up to $600 for individuals ($1,200 married filing jointly) and $600 per qualifying child under full payment AGI thresholds of $75,000 single and $150,000 married filing jointly. Eligible taxpayers who did not receive the direct deposit or card could claim the full amount on their tax return.

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