Stimulus payments and $600 unemployment monthly checks are included in the scaled-back $2.2 trillion COVID-19 relief package unveiled by the House Democrats on Monday, September 28.
Stimulus checks have already been sent out to millions of Americans but according to the Internal Revenue Service (IRS), there are still about nine million who have not claimed their Economic Impact Payments (EIP).
How do you define a dependent that might not be the same as the IRS and could make a difference of $500 on the next round of stimulus check. Here are four significant facts you should know with regards on your dependents.
The Internal Revenue Service (IRS) is preparing stimulus letters to about 9 million people eligible to get Economic Impact Payment but still hasn't got the money.
The deal to the second round of stimulus checks is what millions of people are waiting for. Here are different proposals floating around that you need to know to identify the amount you should expect.
The U.S. Vice-President Mike Pence announced recently that the White House is still firm to send a second round of stimulus payments even if Congress failed.
White House Chief of Staff Mark Meadows has revealed that President Donald Trump was ready to sign a bill that includes stimulus checks, liability protection for small businesses, PPP extension, and post-office funding.
Lawmakers in Alabama clarified that families and businesses in the state who will receive the stimulus payments will not be taxed if legislative actions will be taken.
The total amount of US unemployment benefit remains uncertain and would fall $300 from $400. The total amount of unemployment benefit remains uncertain and would fall $300 from $400.
To help weather the recession as a result of the coronavirus disease 2019 (COVID-19) pandemic, a second round of stimulus checks may be sent to eligible Americans as early as August based on the Senate's calendar.
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