Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.
Sagot :
Answer:
three Economic Impact Payments
Explanation:
Recovery rebate credits (Economic Impact Payments) for 2020 and 2021. To provide financial relief during a pandemic, many Americans received three Economic Impact Payments (EIP) in 2020 and 2021. The third payment, which began rolling out in March 2021, served as an advance payment of the 2021 Recovery Rebate Credit.
Answer:
Through December 31, the IRS issued more than 175 million third-round payments totaling over $400 billion to individuals and families across the country while simultaneously managing an extended filing season in 2021. Third-round Economic Impact Payments were advance payments of the 2021 Recovery Rebate Credit.
We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.