A second round of economic impact payments is already underway. You may have already noticed the change to your bank balance.
Wondering how much you’ll get?
Taxpayers with up to $75,000 in adjusted gross income will receive $600; married
couples filing jointly with up to $150,000 in income will receive $1,200; families will
receive $600 per qualifying child. The payments phase out for people with incomes
above these levels. A qualifying family of four will receive $2,400.
This second round of payments comes after the more than $270 billion in economic
impact payments made earlier in the year to almost 160 million Americans under the
CARES Act.
(Source: Senator Cindy Hyde-Smith)
