Short YouTube video (Solutions by TJ) advising viewers that the 2020 stimulus check is an advance on their 2021 tax return rather than free government money; the speaker warns viewers to be mindful when spending or saving it and invites comments/questions about receipt or issues.
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Hey, dear friend, this is TJ with Solutions by tj. And look, subscribe. I'm giving all of the good information and this video is about that good stimulus check that you've either gotten or you're about to get. Let me know in the comments if you've already gotten yours, because I got mine. There's something that I want you to be cognizant of, though, about this good check. This check is only a cash advance that's coming from your own money. Okay. How is that? They're giving you an advance on your 2021 tax return. That's right. So when you file next year, whatever return you were getting back, it'll be minus that twelve hundred dollars. And that's how it goes. A lot of people aren't thinking about that, but it's really not free money coming from the government. It's money that you would have gotten back in your return anyway. I just want you to be cognizant of that and think about it and as you're spending that money and whether or not you want to save it, because that can be an important piece. Let me know if you've gotten your check. Let me know if you're having any issues. Please ask those questions in the comments below. And thank you so much. Subscribe and make sure you forward this video to any and everybody that you think it'll help. I'm here to give you updated information as we go through the process of this crisis together. God bless and you take care.
