Cares Act Stimulus Website

Lawmakers agreed on the passage of a 2 trillion stimulus bill called the cares coronavirus aid relief and economic security act to blunt the impact of an economic downturn.

Cares act stimulus website. The cares act sends a 1 200 stimulus check to eligible adults earning up to 75 000. 900 billion 2 2 trillion. Cares act provider relief fund.

This is based on 2019 adjusted gross income or 2018 agi if you haven t yet filed your 2019 tax return. Hhs is distributing 178 billion to hospitals and healthcare providers on the front lines of the coronavirus response. The coronavirus aid relief and economic security cares act and the coronavirus response and relief supplemental appropriations act of 2021 provide fast and direct economic assistance for american workers families and small businesses and preserve jobs for american industries.

Funds can also be used to pay interest on mortgages rent and utilities. The president signed the stimulus law friday after the house of representatives passed the massive stimulus package with a voice vote just a few hours earlier. The senate voted 96 0 wednesday night to pass the coronavirus aid relief and economic security cares act.

2020 total cost of stimulus package. This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. New stimulus bill dec.

Turbotax and the irs have announced a partnership to launch a free stimulus registration website so that americans who do not file tax returns can go online to get their cares act stimulus checks faster. 2020 cares act march 2020 revised heroes act oct. Couples earning up to 150 000 will receive 2 400.

Congress and signed into law by president donald trump on march 27 2020 in response to the economic fallout of the covid 19 pandemic in the united states. Here are the details on how to register for your stimulus payment if you are not going to file a tax return. In march 2020 u s.