Ask Terry Questions Stimulus and student loan deductions

Stimulus and student loan deductions

By Terry Savage on April 01, 2020 | Wild Card

My income tax check was taken because i owe student loan. Will they take my stimulus too? My wife and i file jointly

Terry Says

No. Stimulus payments will only face deductions for back child support. Did you file your 2019 return? Do it now, and include direct deposit info for each of you. All assuming your joint income isbelow $150,000.

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