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