The bill includes a provision for another round of stimulus checks, or economic impact payments, of up to $6,000 per household. They would be structured similarly to the first round: Individuals earning up to $75,000 would get a one-time $1,200 check, and couples earning up to $150,000 would be eligible for $2,400.
There are a few key differences from the first round, though. For one, a maximum of three dependents, regardless of age, would also get $1,200. The first round of stimulus checks excluded adult dependents, including many college students. Additionally, immigrants with taxpayer identification numbers (TINs) would also be eligible for a payment this time around.
Source Article from https://www.cnbc.com/2020/05/16/what-you-need-to-know-about-the-heroes-act.html
Comments