Stimulus Check First Round Guidelines

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.

Stimulus check first round guidelines. The base amount of first round stimulus checks under the cares act was 1 200 i e the amount paid before adding the extra payment for children or applying the phase out rules. As the outcry for a second stimulus check grows louder for millions of americans many are looking now back on the timeline of the first round for an idea of how much longer they might be waiting. The expectation is that this time the checks will arrive faster than in the first round among other things because the agencies in charge have more infrastructure to identify the.

In march the u s. Here s where eligibility requirements stand right now. Dependents between 17 and 24 years old have been skipped again.

When the first round of stimulus checks was sent millions of young americans were excluded from receiving either money to. Even if a dependent was claimed on your tax return only a specific definition of child dependent was eligible to count toward the household s money from the first round of stimulus checks due. 15 was the last day for the irs to automatically send the.

The guidelines for this new round follow the general parameters of the first direct payments although in that case the base figure was 1 200 per recipient. Stimulus check qualifications were more generous with a second round than the first and the trend could continue with a third payment. Passed a historic stimulus package which included direct payments to individual taxpayers.

Sarah tew cnet if you qualify for the second stimulus check jan.