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Articles Tagged with stimulus payments

stimulus__support_AdobeStock_408400886-300x200The government-issued stimulus checks were intended to help those eligible address some of the financial challenges brought on by the pandemic, but for divorced parents who share custody of their children and pay or receive child support, these payments have proven a major source of confusion in some cases.

Criteria used to determine eligibility in the first two rounds of stimulus payments sometimes resulted in both parents receiving payments for the same child, or receiving a stimulus payment along with additional tax credits for that child. The eligibility criteria surrounding the third stimulus payment has changed yet again, but it still affects those dealing with child custody and support agreements. To learn how read, “Child support and the third stimulus check: Let us clear up the confusion.”

separation_and_stimulus_checks_AdobeStock_334809261-300x192The stimulus payments many people received to help ease some of the financial hardships incurred as a result of restrictions stemming from the COVID-19 virus were based on information the government obtained from recently filed income tax returns, specifically information relating to adjusted gross income and filing status. As a result, married couples filing jointly received joint stimulus checks, if eligible.

What happens for married couples who divorce or separate between the time they filed their latest joint tax return and the time they received their stimulus payment? Does marital status change who is entitled to the money? For answers read, “We’re getting divorced. Can I keep my husband’s stimulus check?”

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