Stimulus Check Round 2: Who Would Qualify For The Second Payment? Here Are The Options
조회 수 6 추천 수 0 2020.07.15 11:48:17What's the cut off for a second stimulus check?
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If congressional Republicans and Democrats can reach an agreement this summer on a second stimulus check, would you qualify for another round of relief money? And when in 2020 would your second stimulus payment arrive? The answers about who would qualify and when another economic relief check would go out from the IRS are anything but simple.
Even if another round of stimulus checks gets the president's signature, there's no clear understanding of who will qualify -- and who won't. Depending on which leader is talking, another stimulus package in 2020 could directly help more people than the first one, could apply to fewer people, or might only give money to businesses and states, with no checks for individuals at all.
Meanwhile, some people are still waiting for the stimulus payments authorized by March's CARES Act. The country is in a recession, and benefits such as delayed eviction and enhanced unemployment are scheduled to run out in about a month, unless the government takes action.
Here's the current discussion on who might or might not get another stimulus payment. The situation and this story update often.
Who isn't eligible for a stimulus check today?
Before looking at who might be eligible for a second stimulus check, let's review who's been excluded in the first round.
A single taxpayer with an adjusted gross income (AGI) above $99,000A head of a household with an AGI over $136,500A married couple with an AGI over $198,000Children over 16 and college students under age 24A nonresident alien as defined by the US governmentNot everyone will qualify for a payment under the current proposal.
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Who would qualify for another stimulus payment?
The Heroes Act (PDF) passed by the House of Representatives in May proposes broad financial benefits Learn how to get free script without investing money and earn bitcoins. individuals, families and categories that were skipped by the first stimulus check, including most college students, for example, and people who aren't US citizens.
But the Heroes Act has been strenuously opposed by the Senate and President Donald Trump, who called it DOA. On the other end of the spectrum, Senate Majority Leader Mitch McConnell has said that if his chamber passes another relief bill that includes more stimulus checks, the focus will be narrow.
Some suggest that if there is a second stimulus payment, it should be targeted to people in most urgent need. That would mean far fewer people would receive a check or bank account deposit from the IRS.
There aren't any confirmed details yet. For now, here are some possible scenarios for who may or may not be eligible, drawn from the Heroes Act and comments by White House and Senate leaders. Consider these speculative, and not a matter of fact. Here's additional information about the proposals and how much money you might get.
