Mnuchin: COVID Relief Checks In The Mail Tomorrow, Direct Deposits Start Tonight

Source: https://www.zerohedge.com/political/mcconnell-faces-stimulus-dilemma-democrats-and-many-republicans-side-trump-over-2000
Published: Dec 29, 2020
Author: Tyler Durden
Post Date: 2020-12-29 19:53:10 by Horse
Views: 332

Update (1840ET): In a series of tweets tonight, Treasury Secretary Stephen Mnuchin confirmed that the US Treasury has delivered a payments file to The Fed for "Americans' Economic Impact Payments."

These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week.

Paper checks will begin to be mailed tomorrow.

Eligible individuals will receive an Economic Impact Payment of up to $600 for individuals or $1200 for married couples and up to $600 for each qualifying child.

Generally, if you have adjusted gross income for 2019 up to $75,000 for individuals and up to $150,000 for married couples filing joint returns and surviving spouses, you will receive the full amount.

For filers with income above those amounts, the payment amount is reduced.

Additionally, Mnuchin noted that later this week, you can check the status of your payment here.

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#1: TommyTheMadArtist    To: Horse (#0)

Gotta get that economy on track for Biden! You see, about January 30th Fauci is going to do an about face on this whole Covid thing and the masks will all go away and people can choose to get their vaccinations and the economy will go back to normal because!!!!???? The whole thing was a contrivance to get rid of a president the deep state did not like.

TommyTheMadArtist posted on 2020-12-30 00:06:08   Reply   Private Reply


#2: TommyTheMadArtist    To: Horse (#0)

Checked bank account. Nothing deposited. Lol

TommyTheMadArtist posted on 2020-12-30 09:30:54   Reply   Private Reply


#3: BTP Holdings    To: Horse (#0)

if you have adjusted gross income for 2019 up to $75,000 for individuals

I think they always count the SSD payments from Social Security as "earned income". That is BS since I worked to be eligible for those payments. It is just like an insurance payment. ;)

BTP Holdings posted on 2020-12-30 10:23:21   Reply   Private Reply