Page 31 - AreaNewsletters "Mar 2021" issue
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B US I NE S S & F I NA NCE
rebate credit as Economic Impact Payments (EIP). Some people may be eligible to claim the recovery rebate credit if they did not get EIP or received less than they were entitled. People must  le a tax return to claim the re- covery rebate credit even if they are not nor- mally required to  le. If you are eligible for the recovery rebate credit you will need to provide the amount of EIP payments, you did receive.
The maximum Economic Impact Payments for qualifying individuals were:
• $1,200 per person and $500 per qualifying child for the  rst payment
• $600 per person and $600 per qualifying child for the second payment
––––––––––––––––––––––––––––––––––––––––––– If you need help with tax preparation or have questions, please email Pro Accounting & Tax Services, LLC or call 303-324-8617 to discuss your tax needs.
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Castle Rock “AreaNewsletters” • March 2021


































































































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