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Business & farm
The stimulus checks that Treasury Secretary Steven Mnuchin says will be deposited into Americans' bank accounts "within three weeks" won't be enjoyed by everyone. That's because the massive $2 trillion stimulus package, the Coronavirus Aid, Relief, and Security (CARES) Act, excludes some Americans from receiving the one-time payments, which are set at $1,200 for adults and $500 for children.
Here's who won't get a stimulus check:
- Children who are 17 or 18 years old.
- Many college students between the ages of 19 to 23.
- Adults who can be claimed as dependents.
- Nonresident aliens (in other words, those without a green card).
- Estates.
- Individuals who earn more than $99,000 or married couples earning more than $198,000.
- People who haven't filed 2018 and 2019 tax returns.
https://www.cbsnews.com/news/stimulus-checks-who-doesnt-get-one/
March 31, 2020
12:17 PM
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