They are going first to those who filed their taxes previously using direct deposit. That way it goes straight to your bank account.
(Note: the IRS has not disclosed how long the paper checks will take – but it has been reported the checks will begin first week of May)
Nearly 80% of Americans will qualify.
You qualify for $1,200 if you make less than $75,000 a year, or if you’re a married couple making less than $150,000, you qualify for $2,400.
And you get an additional $500 for any kids under 17.
In the coming days, the IRS will be launching a online tool to check the status of your payment.
It’s not… (something about how people are struggling)… but the president has said he’s open to a second round of stimulus checks… it would have to be a deal negotiated with Congress.
More banks, credit companies & lenders across the board are offering relief to individuals facing mounting bills- borrowers MUST CALL
PayPal is now partnering to help smaller businesses who don’t use traditional banks.
This is good news for smaller online sellers who use PayPal for payment processing, who feared they wouldn’t get access to the loan.