Stimulus begins to hit personal banking accounts
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You Do NOT have to Repay Coronavirus Stimulus Money

Many people think that you will have to repay Coronavirus economic recovery bill money back to the government are not true.
Area residents have begun receiving payments this week. Most adults who earned up to $75,000 will see a $1,200 payout, while married couples who made up to $150,000 can expect to get $2,400. Parents will get payments of $500 per child. Money is being directly deposited into bank accounts or mailed to households, depending on how you’ve filed your tax returns in the past.

In recent days, social media posts have falsely claimed there’s one catch to this money — that you’ll eventually have to pay it back.
The U.S. Treasury Department and Internal Revenue Service confirms that you will not have to pay back the money.

Report from WTVF

Lucky Knott

Lucky Knott

One of Southern Tennessee's most experienced and recognized news broadcasters and play-by-play sportscasters. Current news director for On Target News and manager of Rooster 101.5 FM. Knott can be heard on 93.9 The Duck, The Rooster 101.5 and Whiskey Country 105.1 and 95.9. Lucky has done play-by-play for over 3,445 sports events on Radio & TV. He also served 4 years as the Public Information Officer for the Coffee Co. Sheriff's Dept. and taught Radio/TV for 6 years at Grundy County High School.

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