Next Stimulus Could Include a $4,000 Travel Credit
By darik on June 18, 2020
(Photo by Spencer Platt/Getty Images)
If another stimulus package is issued because of the COVID-19 pandemic, it COULD include a $4,000 travel tax credit to stimulate the travel and hospitality sectors of the economy!
The credit would cover up to 50% of a household’s total vacation expenses up to a maximum of $4,000.
It’s being called the ‘Explore America’ tax credit. Americans can use it for domestic travel, including visits to restaurants.
