Along: Michael Scheidt, Nexstar Media Wire Posted: Posted June 14, 2021 / 09:09 AM CDT / Has been updated: June 14, 2021 / 9:18 am CDT The photo in this file prepares an economic stimulus check for printing on May 8, 2008 at the Philadelphia Financial Center in Philadelphia, Pennsylvania. (Photo by Jeff Fusco /
Along: Michael Scheidt, Nexstar Media Wire
Posted: Posted / Has been updated:
Washington DC (BRPROUD) — Did you get the latest stimulus check?
Over 2.3 million stimulating checks were released to the public last week as part of President Joe Biden’s $ 1.9 trillion US rescue program.
This means that since payments began on March 12, more than 169 million payments have been made, for a total of approximately $ 400 billion.
The Internal Revenue Service has provided additional information regarding payments for the last two weeks, including payment dates up to June 9.
- This includes a total of more than 2.3 million payments worth more than $ 4.2 billion.
- Over 900,000 economic impact payments (equivalent to about $ 1.9 billion) were sent to eligible individuals who recently filed tax returns, although the IRS did not previously have the information to issue payments. I did.
- This includes additional ongoing supplementary payments to those who received payments based on their 2019 tax returns earlier this year but are eligible for new or higher payments based on their 2020 tax returns. included. Over the past two weeks, these “plus-up” payments have exceeded 1.1 million and were worth more than $ 2.5 billion. In total, the IRS has paid more than 8 million plus-ups this year.
- Overall, payments over the last two weeks include over 1.2 million direct deposit payments (totaling over $ 2.2 billion), with the rest being paper check payments.
The IRS said payments for economic impact will continue to be issued weekly.
Since the beginning of the coronavirus pandemic, the government has made three direct payments. About a year ago, the government sent a $ 1,200 stimulus check to most Americans through the CARES Act. In late 2020, the government approved a $ 600 per capita payment. After that, $ 1,400 was paid as a third stimulus.
Individuals who earn up to $ 75,000 and couples who earn up to $ 150,000 receive the full amount. Payments will gradually decline from there and will be completely phased out for individuals and couples whose incomes exceed $ 80,000 and $ 160,000, respectively.
If you would like to know when a stimulating check will arrive, please visit: Receive payment..
Stimulation Check: Latest batch in progress | WGN Radio 720
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