In response to the economic crisis due to the Coronavirus, the President signed into law the Coronavirus Aid, Relief and Economic Security Act (CARES Act). This is a $2 trillion stimulus package that will provide assistance to the public during this trying time. While the government determines the size of the check based on the adjusted gross income listed on a person’s most recent tax returns, most adults can expect a one time payment of $1200 while couples can receive up to $2400. Couples with children under 17 at the end of the tax year can receive $500 per child. This can arise many questions for divorcees, especially if they have children together. Continue reading below to learn more.
If I Have a Pending Divorce, Who Gets the Stimulus Check?
Individuals who are currently going through a divorce during the Coronavirus pandemic may wonder how they will receive their stimulus check provided by the government. Those facing these situations can expect their stimulus check to go to the bank account that was provided to the Internal Revenue Service (IRS) in their most recent tax return. If the latest return was joint with their spouse, the assistance of an experienced New York divorce attorney should be retained to discover what options are available.
How Can Child Custody or Support be Impacted?
There are many people who have experienced significant physical and financial changes during the COVID-19 pandemic. This can raise questions regarding where the check may go once it is received. The person who filed as head of household on the most recent tax return will receive the check. If the couple filed jointly and listed their child as a minor, or their custody arrangement changed since their tax return was filed, a family law attorney should be contacted for guidance.
Normal federal rules regarding child support are still in effect during this time. This means state child support agencies are required to report past-due payments. If a parent is not up to date on payments, their stimulus check may be intercepted by the state and given to the child’s custodial parent so that it can be put towards to their outstanding balance.
Contact our Firm
Peter V. Mandi, Esq. is an experienced divorce and family law attorney located in Bohemia, New York. Our firm understands the impact a divorce can have on your life. If you require strong and dedicated legal representation in Long Island, New York, please do not hesitate to contact Peter V. Mandi & Associates, Inc. today.