It’s a question so many of us are asking. With the Stimulus Bill passing, when will we see a check and who will be getting one? Here are some answers.
The IRS would use 2019 taxpayer forms to determine how much a person’s check should be and where it should be sent. If 2019 taxes have yet to be filed, the IRS would use information from taxpayers’ 2018 forms.
Individuals making up to $75,000 a year would receive checks for $1,200, with an additional $500 per child. The payments would progressively decrease for individuals making more than $75,000, with an income cap of $99,000.
Americans should start getting checks within three weeks.
If the Internal Revenue Service already has your bank account information, it will transfer the money to you via direct deposit.
Check out this Stimulus Check Calculator to help you determine about how much you will be getting: Stimulus Check Calculator
