Monday, January 25, 2021
Home Breaking News $600 stimulus checks are on the way. Here's who will get them...

$600 stimulus checks are on the way. Here’s who will get them first


The $600 stimulus checks from the latest #Covid relief bill are officially on their way to bank accounts, according to two tweets from #Treasury #Secretary #Steven #Mnuchin on #Tuesday evening.

The checks could arrive as early as tonight for those who have direct deposit, according to #Mnuchin.

#Your stimulus check will come this way if you set up direct deposit with the IRS for your 2019 tax return by providing them with your bank account information. #If that information has changed, it will delay the receipt of your stimulus check, according to the IRS.

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#Direct deposits will start #Tuesday evening and continue through next week, said #Mnuchin.

#If you don’t have direct deposit set up with the IRS, it will likely take longer for a stimulus check to arrive as it will be mailed to you. #Paper checks will begin to be mailed to eligible recipients on #Wednesday, #Mnuchin said.

#In addition, #Mnuchin said that later in the week, eligible #Americans will be able to track the status of their payment through the IRS.

The latest #Covid relief bill includes direct checks of $600 for eligible adults and $600 per dependent, meaning a family of four could receive $2,400. #Individuals who earned less than $75,000 and those married filing jointly who earned less than $150,000 in 2019 are eligible for the full amount.

#Those who made more are eligible for reduced stimulus checks. #But, the checks phase out completely for individuals that earned $87,000 and couples that made $174,000 in 2019.



[ source link ]
https://www.cnbc.com/2020/12/29/600-stimulus-checks-are-on-the-way-heres-who-will-get-them-first.html

#stimulus #checks ##Heres

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