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CARES Act Creates Charitable Deduction Opportunity

Partial Above-the-Line Charitable Contribution Deduction A charitable contribution not in excess of $300 made in taxable years beginning in 2020 is allowed to taxpayers who do not itemize. The contribution must be made in cash to a qualified charitable organization or a new or existing donor advised fund. 
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COVID-19 Benefits Booster Taxable

The $600 per week FPUC payment received is taxable for both Federal and State Income Tax.
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How To Return A Stimulus Payment

What should I do to return an Economic Impact Payment (Stimulus Payment) You should return the payment as described below. If the payment was a paper check: Write "Void" in the endorsement section on the back of the check.Mail the voided Treasury check immediately to the appropriate IRS location listed below.Don't staple, bend, or paper clip the check.Include a note stating the reason for returning the check.  If the payment was a paper check and you have cash
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Does someone who has died qualify for the Stimulus Payment?

A Payment made to someone who died before receipt of the Payment should be returned to the IRS by following the instructions about repayments. Return the entire Payment unless the Payment was made to joint filers and one spouse had not died before receipt of the Payment, in which case, you only need to return the portion of the Payment made on account of the decedent. This amount will be $1,200 u
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Required Minimum Distribution Waived For 2020

One of the provisions of the CARES Act  provides a waiver 
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Who is eligible for the economic impact payment?

One of the provisions of the CARES Act is a direct payment to taxpayers who:- filed a 2018 or 2019 Federal Income Tax Return-had an adjusted gross income of $75,000 or less for individuals  
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