If you use an Android mobile payment app, be sure to read the privacy practices of the app you use. These practices are often governed by the App Store guidelines. In general, the app must not collect any sensitive information without user consent. The App Store also requires app developers to disclose their privacy practices to users.
Recovery Rebate Credit
If you are expecting a new child in the next year or so, you may be eligible to claim the Recovery Rebate Credit. The Recovery Rebate Credit is a tax credit that allows you to claim up to $1,400. This credit is available to people who lost income due to the recession.
To claim this tax credit, you must file a tax return for 2020 or 2021. This is not available if you received all of the Economic Impact Payments in the previous two tax years. You should go to the Recovery Rebate Credit page to find out if you qualify.
The Recovery Rebate Credit differs from the stimulus payment because it is given out to people who qualify. The money you receive as a result of the Recovery Rebate Credit can be used as a refund against your federal income taxes. It is a refundable credit and can be applied to the amount you owe on your 2020 tax return.