World News – USA – This is where your new Stimulus Check will be sent – and how much you will get

The first wave of new stimulus checks is expected to be sent a few days after Christmas after the long-awaited passage of a new $ 900 billion COVID relief bill that includes money for the new checks as well as loans for small ones Contains company and much more.

« People will see this money early next week, » US Treasury Secretary Steve Mnuchin told CNBC, referring to the $ 600 individual checks that are at the heart of the new economic bill – and who still have a large asterisk on them with you. This asterisk has to do with the fact that on Christmas morning President Trump had not yet signed the massive aid package that was flown to Palm Beach, Florida, on Thursday, in order to present it to Trump (who lives in his Mar-). a-Lago Florida Resort at Christmas).

Earlier this week, the president stunned everyone with a video on Twitter appearing to threaten not to sign the bill unless the $ 600 stimulus checks were on Aug.. $ 000 per person increased.

This will be the second coronavirus bill of Congress to expand direct emergency payments to Americans affected by the pandemic and the resulting economic downturn, roughly nine months after Congress passed the $ 2. 2 trillion CARES Act, 1st. Includes $ 200 stimulus checks. In addition to a new round of direct payments, this new bill would also extend a federal eviction moratorium, allocate nearly $ 9 billion to support coronavirus vaccine distribution efforts, and offer an additional $ 300 per week federal unemployment benefits.

The cross-party COVID-CSNANDCHAR collective bill has been registered. The House of Representatives & Senate is now sending this important piece of legislation #ForThePeople to the White House for the President to sign. We urge him to sign this law to provide immediate relief to hard working families!

If you want to know how big your new stimulus check will be – again with the caveat that President Trump will sign the relief measure that he threatened to burn if he didn’t get his way – you can use a calculator here. As mentioned earlier, individuals can generally get $ 600 (or $ 1) stimulus check. 200 USD for married couples). However, this amount will change depending on factors such as your income.

To check how much you are likely to get, just open this link and fill in the information requested on the left, e.g.. B.. how many children you have, your adjusted gross income for 2019 and your tax registration status.

Additional Details: If you are a person over 75 years old. $ 000 a year or less, or a married couple who earned no more than $ 150. Earned $ 000 per year, you will receive the full incentive payment. For every $ 100 above these income thresholds, the Stimulus Check amount you receive will decrease by $ 5.

Compared to the CARES Act, this time there is more money for dependent children. You can get an additional $ 600 versus $ 500. In addition, payments are the fastest to be sent to people whose bank details are on file with the IRS for direct deposits. If you are not there, you will receive a paper check later. Note: The IRS has also not yet announced whether it will use the « Get My Payment » link that everyone uses for their CARES Act stimulus reviews.

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Stimulus, Check, Donald Trump