Personal Finance Daily: The $900 billion COVID stimulus bill extends several tax write-offs and how to get the most college financial aid for your child

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My aunt stole my mother’s Social Security, and persuaded my elderly father to sign over power of attorney

‘My father was recently very sick and in the hospital, and he was not in his right mind.’

My father moved his girlfriend, her cousin and two kids into his 2-bedroom condo. I struggle to pay rent. What about me?

‘Living in the condo will help ease a tremendous financial burden, as I am sometimes unable to muster two pennies to rub together.’

I didn’t receive a $1,200 stimulus check during the first surge of COVID-19. Will I get a $600 check this time around?

‘With a second round of stimulus checks of $600 announced by Congress on Sunday, will the Internal Revenue Service give me a check based on my 2019 return?’

Our building is tipping staff 25% extra due to COVID-19. My husband wants to maintain this in 2021. I disagree. What should we do?

‘I am an Upper East Side wife and mother with two children. I realize I am very fortunate.’

I earned $100,000 in 2019, but far less in 2020. Why did I not get a stimulus check? How is that fair?

‘I also know people who made over $100,000 in 2019, but can’t get a stimulus because of their 2019 tax return’

My boyfriend’s ex-wife claimed her 2 sons as dependents on her taxes, and received their stimulus checks, but they live with us

‘The mother of these 2 boys lost custody through the Department of Homeland Security, and has offered no support.’

To get the most college financial aid for your child, take these steps during sophomore year of high school

Five things to do now if your child will start college in 2023.

Your will is about more than money and cutting your child out could backfire

Carefully consider your last message to your family so it doesn’t leave a scar, writes psychologist Joshua Coleman.

The $900 billion COVID stimulus bill extends several tax write-offs, including for medical expenses and college tuition

The legislation would also extend credits for solar energy equipment and plug-in electric motorcycles.

The new stimulus bill didn’t extend the student-loan payment pause — but it has 8 provisions that will affect how families pay for college

The $900 billion COVID relief package provides emergency financial help for college students, simplifies the FAFSA form and repeals a ban on incarcerated students accessing the Pell grant.

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December 24, 2020 at 01:10PM

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