Answer:
false
Explanation:
EIP3 is basically an early payment of next year's Recovery Rebate Credit. The Recovery Rebate Credit is a tax credit designed to help taxpayers during a time of disaster—getting an advance of the credit means that the money you'd usually get at tax time is available much sooner.
it is false that Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021.
The term EIP3 refers to an early payment of next year's Recovery Rebate Credit.
The Recovery Rebate Credit means a tax credit that is designed to help the taxpayers during a time of disaster, that is, its gives an advance of the credit means so that the money they will get at tax time is available much sooner.
Hence, it is false that Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021.
Therefore, the Option B is correct.
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