CARES Act Rebate Calculator

4/3/2020

Chuck Marshall

4/10/2020 08:48:00 pm

Hello, Ric: Thank you for the CARES video. Just a quick question (perhaps a dumb one). Will the rebate be paid to us when we file our tax return, or is this done separately? I have not filed yet and every year I just take the standard deductions. It works out better that way. Thank you.

Richard B Komarek

4/11/2020 07:10:25 am

My understanding is that the rebate will be paid to you separately. They will use your tax return info to see if you qualify based on income and filing status and number of dependants. If you haven't filled your 2019 return yet they'll use the data from the 2018 return.

CARES Act Rebate Calculator

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