Here’s how your coronavirus stimulus check affects your taxes

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Here’s how your coronavirus stimulus check affects your taxes
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The good news, tax experts say, is that people won’t owe taxes on their stimulus payments.

And if you have a child in 2020 and claim them on your 2020 tax return , you’ll also get an additional $500 next year.

If you expect not only a tax refund but a stimulus check, it’s probably best to file that tax return as soon as possible, Taylor says. “Get that money in the bank,” she adds.

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