AMERICANS who have been affected by the coronavirus pandemic are eagerly awaiting their second round of stimulus checks.
The IRS and the Treasury Department began issuing the Economic Impact Payments last week of Jan. 1, 2021Credit: AP:Associated Press
Who qualifies for stimulus checks in 2021?
American citizens earning less than $75,000 a year will receive the full $600.
Heads of household earning less than $112,500 and married couples filing jointly earning less than $150,000 are also due the full amount.
Checks will be distributed to “mixed-status” immigrant families — families where American citizens are married to immigrants without Green Card, an issue that lawmakers rectified from the first round of payments.
President Donald Trump’s name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreakCredit: Represented by ZUMA Press, Inc.
Children under 17 years old will also receive the same $600 payment as adults, but “child dependents” who are 17 years old will not.
No adult dependents, namely college students who are claimed as dependents by their parents, will qualify for the $600 checks, according to the Tax Foundation.
Seniors and disabled adults that claim dependency will also not be receiving a check.
Will I receive the full $2,000?
The stimulus check increase from $600 to $2,000 is still yet to be decided.
Congress had settled on smaller $600 payments in a compromise over the big year-end relief bill Trump reluctantly signed into law.
A direct deposit statement shows a $600 credit for an individual in San Diego, California on Saturday, January 2nd, 2021Credit: Pacific Coast News
McConnell has not elaborated on what action, if any, the Senate would take on stimulus checks.
After Republicans destroyed a unanimous vote on the hefty cash sum on December 26, House Speaker Nancy Pelosi said: “To vote against this bill is to deny the financial hardship that families face.”
The United States Senate is currently debating whether eligible Americans should receive $600 or $2,000 stimulus checksCredit: Rex Features
She continued: “In blocking it they are in denial of the hardship American people are experiencing – health wise, financially.
“In many ways their lives and livelihoods are on the brink.”
When will stimulus checks be sent out?
Speaker of the House Nancy Pelosi (D-CA) urges Senate Majority Leader Mitch McConnell to pass the $2,000 stimulus checks to Americans Credit: Reuters
On Monday, the Internal Revenue Service (IRS) said: “Paper checks also began going out and will continue to be sent through January.”
“Some people will be mailed debit cards in January, and the IRS urges people to carefully check their mail. Mailed payments will require more processing and mailing time.”
President Trump, who not only called the nominal $600 a disgrace but also threatened to veto the bill, has called on Republicans to pass the $2,000 checks “ASAP.”
Why did Mitch McConnell block the $2000 stimulus checks vote?
McConnell blocked the Democrats from bringing the bigger Covid-19 relief checks up for a vote, saying on December 29 that the chamber would “begin a process” to address the issue alongside two other concerns.
The relief bill had been passed by the House one day earlier.
United States Senate Majority Leader Mitch McConnell’s home in Louisville was vandalized following his blocking of $2000 stimulus checks
“Those are the three important subjects the president has linked together,” McConnell said, according to the newspaper.
“This week the Senate will begin a process to bring these three priorities into focus.”
Trump slammed McConnell’s block as a “death wish” for the Republican party.
The president tweeted: “Unless Republicans have a death wish, and it is also the right thing to do, they must approve the $2000 payments ASAP. $600 IS NOT ENOUGH!”