ECONOMIC IMPACT PAYMENTS AND THE RECOVERY REBATE CREDIT

In IRS by MSA

• FAQs for EIP 1
• FAQs for EIP 2
• IRS Statement — Update on Economic Impact Payments
• Recovery Rebate Credit
o Valuable information in Form 1040 instructions. See “Line 30, Recovery Rebate Credit” starting on page 57. See the worksheet on page 59.
• RRC FAQs
• Treasury issues millions of second Economic Impact Payments by debit card
o The Treasury Department and the IRS are sending approximately 8 million second Economic Impact Payments (EIPs) by prepaid debit card.
o More information about these cards is available at EIPcard.com.