1 Way You Could Lose Your Stimulus Check
Millions of Americans are eagerly awaiting their coronavirus stimulus checks, and the IRS recently started depositing money into bank accounts.
The maximum amount you can receive is $1,200 (or $2,400 for married couples filing their taxes jointly), plus an additional $500 for each child under age 17 claimed as a dependent on your tax return. For many people who have lost their job and are struggling to pay the bills, this extra cash can go a long way.
However, some people who are eligible to receive a check may never see that money. That's because there's one little-known way you could lose your stimulus payment.
Source Fool.com
