Gov Stimulus Checks Second Round
The maximum amount for this second round of stimulus checks is 600 for any eligible individual or 1 200 per eligible couple who file taxes jointly.
Gov stimulus checks second round. Holding off on 160 billion in funding for state and local governments was key to finding support for another round of stimulus payments according to analysts at raymond james. Five stimulus benefits set to expire at the end of 2020 congress is in eleventh hour talks to green light a second round of stimulus checks for u s. Washington cnn americans can expect to start seeing 600 in their bank accounts immediately as the federal government s second round of stimulus payments is being sent out the treasury.
The irs says people will automatically get their payments in the second round of stimulus checks. In the first round adults were eligible for 1 200 and dependents were eligible for 500. Individuals earning up to 75 000 or 150 000 for married couples.
If they do cash payments could. Time is nearly up for the irs and us treasury to send the second stimulus checks. Under the cares act which passed earlier this year eligible americans received 1 200 checks or 2 400 for married couples.
The second round of stimulus checks proposed in the covid 19 relief bill that congress passed in december uses similar criteria as the cares act to determine which dependents are eligible. One way to track the status of your payment is to visit the get my payment site. With the second stimulus check each eligible adult will get up to 600 decreasing as income raises.