My Stimulus Was Too High. Will I Need to Pay It Back?
The COVID-19 crisis has already had a huge impact on the U.S. economy. Thankfully, Americans are already getting some relief thanks to the CARES (Coronavirus Aid, Relief, and Economic Security) Act, which has boosted and extended unemployment benefits, provided billions in forgivable small business loans, and paid millions of Americans their much-anticipated stimulus cash.
If your stimulus payment has already hit your bank account, you may be looking at the exact amount you expected to get. But what if your stimulus payment has come in higher than anticipated? That's a good thing to have happen in theory. But if your stimulus is too high, will you eventually have to pay it back?
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Source Fool.com
