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No, nothing in ARPA requires repaying the difference between 2019 and 2020 if the IRS used the 2019 return to compute the third EIP, but when the 2020 return is put in the mix (assuming it is filed in time for that to happen--the return must be *processed* ...
Parents have not filed 2020 return yet. They received $1400 payment for son who was 2019 dependent, but not for 2020. Son filed a return and received $1400. I assume parents need to return the extra amount. Any guidance? How long do they have? ...
No. Congress, after panicking a year ago when stories appeared about checks going to dead people, causing the IRS to take a questionably legal action to say checks had to be returned, realized that worse than the stories about checks going to dead people ...
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