IRS News Here’s why some people’s Economic Impact Payment is different than expected

Here’s why some people’s Economic Impact Payment is different than expected  https://www.irs.gov/newsroom/heres-wh... https://accountinginstruction.info COVID Tax Tip 2020-59, May 20, 2020  As people across the country receive their Economic Impact Payments, some might receive a different amount than they expected.  Eligible individuals receive a payment for $1,200. Two eligible individuals filing a joint return receive $2,400. And, eligible individuals receive up to an additional $500 for each qualifying child who meets the conditions outlined on the Qualifying Child Requirements page.