The COVID-19 relief package passed by the U.S. congress in December includes funding for a second round of stimulus checks. Even if you received a $1200 check in the spring of 2020, you may have questions about what to expect this time around. From the stimulus check amount to the best way to track it, here's what you need to know.
What Is the Amount of the Second Stimulus Check?
The new COVID relief spending package allots direct checks for $600 per person. That's half the amount of the stimulus checks sent shortly after the COVID-19 pandemic began last year. The House of Representatives passed legislation to increase the checks to $2000 on December 28, and that measure is still waiting on a vote in the Senate. Analysts say the bill likely doesn't have the support it needs to become law, so expect to receive the $600 laid out in the initial package.
Who Gets a Stimulus Check?
Adults making less than $75,000 a year are eligible to receive a $600 check from the U.S. government. Families will also receive $600 checks for each dependent under 17—an increase from the $500 allotment per child in the last stimulus package. For people making more than $75,000, the check will decrease by $5 for every $100 earned above that amount. Single people earning over $87,000 and couples with a combined annual income exceeding $174,000 won't receive any stimulus money for themselves.
How Do I Track My Stimulus Check?
The IRS and U.S. Treasury started mailing out the first round of $600 stimulus checks in late December, and they have until January 15 to send the rest. Most people will receive the money in their bank accounts automatically, but you may get a check in the mail if you're not signed up for direct deposit.
The IRS has set up the “Get My Payment” portal where people can track the status of their stimulus checks. Due to high demand, you may have trouble accessing the webpage. You can also call 800-919-9835 for questions about your payment, though live phone assistance is currently limited.