One of the cornerstones of the Senate coronavirus stimulus package is the direct payment of money from the federal government to American individuals and families.
In the middle of the bill's hundreds of pages are details regarding exactly who can expect to receive money and how much they can expect. Here is a breakdown.
Who is eligible?
The bill makes clear that everyone is eligible except for nonresident aliens and those who can be used as the basis for deductions for another person.
"Seniors, veterans, the unemployed and low-income Americans would be eligible too," Senate Finance Committee Chairman Chuck Grassley said Wednesday.
The bill text indicates those who receive social security can collect checks: For those not required to file 2018 or 2019 tax returns because of social security benefits, tax returns aren’t required to claim the money -- the government can use information from a Form SSA-1099, Social Security Benefit Statement, or Form RRB-1099, Social Security Equivalent Benefit Statement.
With that in mind, here is how much people can expect to get.
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Thanks so much, it means a lot especially in these difficult times!