Mainers Could Get Their $600 Stimulus Check Tonight
But, when will you be getting your money?
Soon. Very soon. In fact, it could already be in your account.
According to USA Today, Treasury Secretary Steve Mnunchin sent out a tweet earlier tonight (December 29th) saying that a payment file has been delivered to the Federal Reserve and that the payments could arrive within the next few hours.
People with direct deposit could get their check as early as tonight. For those who do not have direct deposit, checks will be mailed starting Wednesday.
You can check the status of your payment with the IRS tracking site found HERE
When Should You Expect Your Stimulus Check?
Both chambers of Congress voted on Monday to approve the long-awaited COVID-19 relief package.
The bill includes $300-a-week in supplemental jobless benefits, direct payments of $600 for individuals, more than $300 billion for schools, as well as billions for help with vaccine distribution.
In the immediate future, most Americans are interested in the $600 coming their way. So, who is exactly going to get this money and when will it hit your banking account?
The income criteria for working adults to qualify for the $600 stimulus payments are the same as they were in March: Single people who earned up to $75,000 in 2019 will receive a $600 payment and married couples who earned up to $150,000 will receive a $1,200 payment.
How much you ll get with new stimulus checks
Final amounts will depend on your situation
By: Joe St. George - National Political Editor
Posted at 3:17 PM, Dec 21, 2020
and last updated 2020-12-22 08:57:07-05
WASHINGTON â Congress is poised to pass one of the largest economic relief bills in history on Monday. New forms of direct payments will be issued to millions Americans under the bill, assuming it passes and is signed by President Donald Trump.
HOW MUCH WILL YOU GET?
The IRS will issue checks based on your AGI or
adjusted gross income. The information will come from your latest tax return which for most Americans is the 2019 calendar year.