Jump to content

2020 Tax returns - Good news for new parents


HugoStrange

Recommended Posts

HugoStrange

This applies to people who had a kid last year and also received both the stimulus checks (1200 & 600) for both parents, then U will get 500+600 while applying tax refund this year for the kid.  Twaraga apply chesukondi. 

  • Upvote 1
Link to post
Share on other sites
mmharshaa
2 minutes ago, HugoStrange said:

This applies to people who had a kid last year and also received both the stimulus checks (1200 & 600) for both parents, then U will get 500+600 while applying tax refund this year for the kid.  Twaraga apply chesukondi. 

I fall in that criteria but have only received 1200 which is the first stimulus payment i didnt get

Link to post
Share on other sites
HugoStrange
1 minute ago, mmharshaa said:

I fall in that criteria but have only received 1200 which is the first stimulus payment i didnt get

600 raleda kaka monna December lo. First vasthe second ravali ga. If you only got second stimulus (600+600), then u might only get 600 for the kid.

Link to post
Share on other sites
mmharshaa
4 minutes ago, HugoStrange said:

600 raleda kaka monna December lo. First vasthe second ravali ga. If you only got second stimulus (600+600), then u might only get 600 for the kid.

Yes i got 600 in dec but not 1200 during first stimulus pay, right now it shows only 1200 as eligible return, no additional amount

Link to post
Share on other sites
HugoStrange
1 minute ago, mmharshaa said:

Yes i got 600 in dec but not 1200 during first stimulus pay, right now it shows only 1200 as eligible return, no additional amount

evaritho file chesav kaka tax return. You need to file for the stimulus for the kid apart from tax return. Appudu inko 600 vasthundi. naa tax consultant $50 charge chesadu naku for filing this stimulus 

Link to post
Share on other sites
mmharshaa
Just now, HugoStrange said:

evaritho file chesav kaka tax return. You need to file for the stimulus for the kid apart from tax return. Appudu inko 600 vasthundi. naa tax consultant $50 charge chesadu naku for filing this stimulus 

Just realized it includes $500 as you mentioned. Nene sarigga chudale... separate ga mention cheyyaledu anduke

Link to post
Share on other sites
HugoStrange
10 minutes ago, Chay said:

idem logic.. dec 30 na putttina ichestara.. jan 1st week lo pudithe tappu chesinattena :rolleyes:

I do not know. Aug lo pudithe isthunnaru for me. 

Link to post
Share on other sites
HugoStrange
1 minute ago, sureshkonda said:

Biden thatha tax plan lo $3000 credits isthunnadu new parents ki per child

eppudu kuda manaku 2000 undi tax credit. Tax credit ante return file chesinappudu nuvu kattalsina money thaggistharu. Ante tax file chesaka if you owe Fed 3k, then they will reduce the amount to 1k. If fed owes u 1k, you will get 3k.  They are making it 3000k and planning to give every month if possible

Link to post
Share on other sites
mirchi_bajji
20 minutes ago, Chay said:

idem logic.. dec 30 na putttina ichestara.. jan 1st week lo pudithe tappu chesinattena :rolleyes:

18 years istaru kada credits. last year lo early ga ee credits cut avthayi. overall they balance.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.