New $1,400 stimulus check arriving soon, this is what you need to know

Lawmakers are currently working around the clock to finalize a new COVID-19 relief package, which includes $1,400 stimulus checks.

@Jak_ConnorTT
Published Fri, Feb 19 2021 7:31 AM CST

Congress is currently working away at finalizing a new COVID-19 relief package, and included in that package is stimulus checks for millions of Americans.

New $1,400 stimulus check arriving soon, this is what you need to know 41 | TweakTown.com

The current terms of the proposed COVID-19 relief package would give $1,400 stimulus checks to every individual earning up to $75,000 per year. Additionally, the legislation states that heads of household can qualify for a $1,400 stimulus check if they earn up to $112,500 per year and married couples who file jointly with up to $150,00 per year. If you fall in any of those previously mentioned categories, you will get a full payment.

Those people who exceed the per-year qualification will see their stimulus checks start to be phased out. Democrats have proposed that the checks that will be sent out should be based on either 2019 or 2020 tax returns. To get the most out of your stimulus check will depend on your income in 2019 versus your income in 2020, check out this link for more guidance on when to file. The proposed package is still subject to change as lawmakers come to an agreement, but it's expected to be finalized around early to mid-March.

For more information on this story, check out this link here.

Buy at Amazon

Hannah Linen Face Mask - 50 PCS Disposable Masks (QUN)

TodayYesterday7 days ago30 days ago
$9.99$9.99$7.64
* Prices last scanned on 3/5/2021 at 11:58 pm CST - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.
NEWS SOURCE:cnbc.com

Jak's love for technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

Newsletter Subscription

Related Tags

Newsletter Subscription
Latest News
View More News
Latest Reviews
View More Reviews
Latest Articles
View More Articles