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Friday, January 22, 2021

The Daily Money: How will stimulus checks affect your 2020 tax returns?

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Friday, January 22

Welcome to Friday, Daily Money readers. Our short work week is almost over. But before we head toward the weekend, let's dig into today's Money and Tech headlines.

Some Americans have already received two rounds of stimulus checks as part of new federal relief bills. But how will these payments affect our tax bills?

The COVID-19 pandemic has been battering the U.S. economy for months now, forcing millions of Americans out of work. But there may be a good sign for the economy: businesses are starting to ramp up spending.

Finally, did you get a blue Visa card in the mail? Don't rush to throw it away. It could be your stimulus payment.

Scroll down for more headlines, and have a great weekend.

Brett Molina, Money/Tech editor

IRS tax forms with tax refund check.
How your stimulus checks will affect your 2020 tax returns
Get answer to questions like whether you'll have to pay taxes on those stimulus checks and how they could impact your anticipated refund.
Here's a sign that the economy could improve
A man shops at a warehouse retailer.
Many wonder: Is blue Visa card a stimulus scam?
Economic Impact Payments are being made to million
Are unemployment benefits taxable?
Paper labeled Unemployment Claim on a wood desk wi
Should you ditch your workplace retirement plan?
Businessman surrounded by question marks
Costco still selling MyPillow as other stores drop it
Michael Lindell, CEO of My Pillow, Inc., waits to
Instacart to cut nearly 2,000 jobs, angering union
Quick and easy for both you and them.
S&P 500 ekes out another record
A Wall Street street sign.
Biden order reverses Trump diversity training ban
President Joe Biden and Dr. Jill Biden arrive at t
Bernie Sanders' mittens steal the show at inauguration
Sen. Bernie Sanders, I-Vermont, arrives to the 202
 
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