LEXINGTON, Ky. (WKYT) – While Congress continues to debate more relief from COVID-19 for Americans, some people are already receiving stimulus control.
The last round of stimulus checks reaches $ 600 per person. Those that meet the requirements include:
– Married couples earning less than $ 174,000
– Single people earning less than $ 87,000
– Dependent children under 17 years of age
– Recipients of social security and beneficiaries of AV
One of our spectators asked, “When will I receive my check and how?” Financial advisor Rob de Lassio says the IRS is sending payments now.
“Obviously, if you have filed an electronic application and you get your tax return electronically, they will send the funds electronically. If you send emails and receive checks, yours will take a while longer, “de Lassio said.
Chailee Sizemore has received a check, $ 600 for herself and $ 600 for her daughter, Lee Ann.
“It made me feel good because now I can pay the electric bill,” Sizemore said.
Payments are based on your 2019 tax returns. If your financial situation has changed this year, you will still be able to receive the incentive.
One of our viewers asked us if he would get a stimulus check if he had a baby this year. Certified public accountant Dana generally says yes.
“When you file the tax return for 2020, that person will include the new baby on the tax return. They will actually receive that incentive money as credit on their tax return,” Global said.
Experts say that the sooner you file the 2020 taxes the better and that taxes will not be removed from stimulus controls.
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