Tax Season and the Recovery Rebate Credit
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 6 March 2021
⏱️ 21 minutes
🧾️ Download transcript
Summary
As tax season continues, this weekend we're bringing you one more episode sponsored by H&R Block.
Stimulus payments have been a critical lifeline for many Americans during the coronavirus crisis. But what if you didn’t receive the full amount due to life changes such as a new baby or lower income? Thankfully there’s a way to solve this, in the form of a recovery rebate credit.
The recovery rebate and your stimulus payments are actually one in the same. It’s just that the recovery rebate credit is paid as part of filing your return.
Joining us this weekend to help make sense of it all is Kathy Pickering, the chief tax officer at H&R Block.
As you're getting ready to file your taxes, remember that H&R Block has all your tax needs covered. Their experts have an average of 10 years’ experience. They’ve seen it all and can help get all the credits and deductions you deserve.
Have a money question? Email me here.
Please leave us a rating or review in Apple Podcasts.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Are you ready for a Monzo Business Bank account? |
| 0:03.3 | Heather from the Accountant's Growth Club was? |
| 0:05.3 | Knowing what cash I have is really important. |
| 0:08.0 | And Monzo Business makes it easy. |
| 0:09.8 | It automatically puts 20% of my income into a tax pot. |
| 0:14.0 | When it's time to pay your VAT, I always know the money's there. |
| 0:16.8 | If you're ready for a Monzo Business account, apply today. |
| 0:19.9 | Just search Monzo Business. |
| 0:21.5 | Only sole traders or limited company directors in the UK can apply. |
| 0:25.0 | Get tax pots with Monzo Business Prove for £5 a month. |
| 0:58.1 | With Dr. Pepper Zero. |
| 1:04.1 | Welcome to the Jill on Money Podcast. |
| 1:06.7 | It is Saturday, March 6th. |
| 1:09.7 | And we're in the heat of it, man. |
| 1:11.6 | It is tax season. |
| 1:13.5 | So here's the cool thing. |
| 1:15.5 | We got a super duper awesome sponsor of this episode, H&R Block. |
| 1:21.6 | And they've got all of your tax needs covered. |
| 1:24.9 | They've got experts who've got an average of 10 years experience. |
| 1:29.1 | It means they've seen it all. |
| 1:31.3 | H&R Block can help you get the credits and the deductions that you deserve. |
| 1:36.2 | They've got a lot of tax press there. |
... |
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