Second Stimulus Is Coming

The irs isn t done paying out second stimulus checks but a third payment is already firmly on the agenda.

Second stimulus is coming. The measure is the second largest federal stimulus package after the 2 trillion cares act that congress approved in march. The 600 checks will only go out to individuals making less than 75 000 a year or couples making less than 150 000. Plus americans are set to get 600 for each of the under 17 dependents that they declared when filing.

After months of bickering over a bi partisan bill congress agreed on a 600 stimulus check sunday. Similar to the cares act individuals making between 75 000 and 100 000 will. Sarah tew cnet the third stimulus check could come together fast.

Look who decided to finally pass a second covid 19 stimulus payment. There was a tremendously fast turnaround with the second check. 29 2020 3 52 pm president trump signed a 2 3 trillion spending bill sunday despite his own late objections that funds the government and includes 900 billion in stimulus.

In under three weeks the irs and treasury sent over 100 million second stimulus checks. This week the irs acknowledged some people will not receive a second stimulus payment and will have to claim the recovery rebate credit on their 2020 tax return.