The Coronavirus Aid, Relief, and Economic Security (CARES) Act will provide direct payments to most Americans. Individuals earning up to $75,000 a year will receive $1,200. Married couples earning up to $150,000 a year will receive payments of $2,400. Couples with children will earn $500 for each child under the age of 17. Payments will be smaller for individuals earning more than $75,000 a year and for married couples earning more than $150,000 a year. Individuals who make at least $99,000 and couples who make at least $198,000 will not receive direct payments.
These one-time payments will be based on either 2018 or 2019 tax returns. Those receiving Social Security benefits who do not file tax returns will receive direct payments based on their information obtained by Social Security.
Use the link provided to estimate your direct payment.
The U.S. government is about to send checks — or direct deposits — to most Americans to help people survive financially as much of the economy shuts down in an effort to slow the spread of the novel coronavirus.
https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/
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