Will this extra tax refund the government is giving us actually be taken out of next years refund?

aerlingus tax refund
Picture by Sean MacEntee aerlingus tax refund

I know that the final "additional" refund was actually an advance from the following years tax refund and I desired to know if this is the identical for the "added" refund they are providing us. Query by Derek B Finest answer remedy:

Solution by jimbeauxtexas
Nope, each taxable earnings 12 months stands on its very own.

Answer by dtemple1983
I doubt it taking into consideration we will be in worse shape when next tax season comes along. Issues are going to get alot worse ahead of they get greater. Just wait till the new president gets into office and finds out all the crap that the current regime is hiding. I hope folks have task security because the shits about hit the fan.

Answer by Kheetah Vubatus
no. this is not the identical refund thing that they did a handful of a long time ago wherever it was regarded as a 'credit' against your following return. It's treated, for the purposes of taxes, a 'gift' from the govt. NO, it is not truly a gift, it really is an try to undo financial tragedy as a outcome of... nicely... stuff. But, for the purposes of tax reporting, it is just a present. Financial stimulation FTW!

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