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U.S. residents will receive the Economic Impact Payment of $1,200 for individual or head of household filers, and $2,400 for married filing jointly if they are not a dependent of another taxpayer and have a work eligible Social Security number with adjusted gross income up to:
Taxpayers will receive a reduced payment if their AGI is between:
The amount of the reduced payment will be based upon the taxpayers specific adjusted gross income.
Eligible retirees and recipients of Social Security, Railroad Retirement, disability or veterans' benefits as well as taxpayers who do not make enough money to normally have to file a tax return will receive a payment. This also includes those who have no income, as well as those whose income comes entirely from certain benefit programs, such as Supplemental Security Income benefits.
Retirees who receive either Social Security retirement or Railroad Retirement benefits will also receive payments automatically.
Taxpayers likely won't qualify for an Economic Impact Payment if any of the following apply:
@dajaunc
When will the stimulus check money come on the card
The IRS began sending stimulus checks on Saturday, April 11th. While the IRS is working to get the stimulus checks deposited as quickly as possible, it may take months for some taxpayers to receive their stimulus checks. The IRS expects to start issuing paper checks the week of May 4. For updates please check the IRS website.
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