Is The 2000 Stimulus For Dependents
Dependents aged 17 and over were included in democrats cash act having been left out of both the second round of stimulus checks and the first batch of payments approved in march.
Is the 2000 stimulus for dependents. The first round of stimulus payments were approved in march during the early days of the coronavirus pandemic. Aside from the smaller stimulus checks for adults the other major change under the bill passed by congress is the amount provided for dependent children. For example if you owed 2 000 your entire stimulus check would go to your child s other parent.
A new law passed by the house this week would increase the full stimulus check amount to 2 000 or 1 400 on top of the 600 already approved for most people. Unlike the consolidated appropriations act which left out dependents aged 17 and older the cash act will send 2 000 checks to all qualifying dependents regardless of age. 600 for each child up from 500 in the.
President elect joe biden is expected to call for additional payments of 1 400 to bring the recent stimulus checks to 2 000 per person. The cash act would have also 1 bumped the extra per child second stimulus check amount from 600 to 2 000 and 2 allowed the extra payment for any dependent regardless of age rather than. If you owed 400 that amount would be taken out of your stimulus check.
2 000 stimulus check 600 per child age 16 or under individual taxpayer 0 dependents 600 maximum. Congress approved its first round of stimulus payments in march when it passed a bill providing up to 1 200 direct payments for individuals 2 400 for married couples and 500 for dependents.