The stimulus bill passed by Congress and signed by the President on March 27, 2020 contains many provisions affecting every American. The official name of the law is the Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act.
The question & Answers document below is based on the current information available, and every effort has been made to ensure its accuracy. However, The IRS and Treasury Department will need to clarify many aspects of the legislation as they attempt to implement this massive stimulus package.
TaxSlayer Pro will continue to release information as it is received.