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2021 saw a big expansion of the Earned Income Tax Credit (EITC), as well. “The American Rescue Plan Act increased the eligibility of the credit by broadening the income range to include more ...
The newly passed COVID relief package exempts the first $10,200 of unemployment benefits from federal taxes for most Americans. Taxpayers who need even more time can request an extension until Oct ...
The Internal Revenue Service is automatically sending $1,400 stimulus payments to about one million Americans who never claimed their COVID-19 relief checks from 2021, according to a recent ...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
The Consolidated Appropriations Act, 2021 is a $2.3 trillion [1] spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic in the United States with a $1.4 trillion omnibus spending bill for the 2021 federal fiscal year (combining 12 separate annual appropriations bills) and prevents a government shutdown.
Consolidated Appropriations Act, 2021 – Includes $600 stimulus checks, December 2020; American Rescue Plan Act of 2021 – Includes $1400 stimulus checks, March 2021 [1] Inflation Reduction Act of 2022 – August 2022
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