Stimulus Relief Bill Qualifications
Single people earning up to 75 000 would receive 600 while married couples earning up to 150 000 would receive 1 200.
Stimulus relief bill qualifications. There are a few changes to qualifications for the second round of stimulus checks due to reach the american people in coming weeks. The new stimulus bill sets the income limits for a 600 second check closely to the first but comes with a few adjustments. The consolidated appropriations act 2021 is a 2 3 trillion spending bill that combines 900 billion in stimulus relief for the covid 19 pandemic in the united states with a 1 4 trillion omnibus spending bill for the 2021 federal fiscal year combining 12 separate annual appropriations bills and prevents a government shutdown.
Biden s 1 400 stimulus check proposes new qualifications. The second round of checks would have the same type of income phaseouts. The package bill for the 600 per person payments has passed.
Congress has reached a deal on a 900 billion coronavirus relief package which was set to include a second round of stimulus checks this could mean a pretty big pay day for the country s students. That amount phases out for single filers with an agi between 75 000 and 99 000 joint filers with an agi between 150 000 and 198 000 and heads of household with an agi between 112 500 and 146 500. Here s what the covid relief package part of a 2 3 trillion spending bill passed by congress and now awaiting the president s signature could mean for you your family your home or.
The maximum amount you can receive is 1 200 or if married filing jointly 2 400 per couple. As with the first direct payment under the cares act the income limits. You can get the latest updates and information on the coronavirus relief bill and second stimulus check by following our dedicated rolling news.
The bill is one of the largest spending measures ever enacted.