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Sedona Red Rock News In accordance with the American Rescue Plan Act of 2021, signed into law by President Joe Biden on March 11, 2021, the Internal revenue service is now sending out 2021 Economic Impact Payments. The first batch of payments will be sent by direct deposit, which some recipients started receiving as early as Friday, March 12. Most will be deposited starting Wednesday, March 17. Additional batches of payments will be sent in the coming weeks by direct deposit and through the mail as a check or debit card. In general, most people will get $1,400 for themselves and $1,400 for each of their qualifying dependents claimed on their tax return. As with the first two Economic Impact Payments in 2020, most Americans will receive their money without having to take any action. Payments will begin to be reduced for individuals making $75,000 or above in Adjusted Gross Income ($150,000 for married filing jointly.) The reduced payments end at $80,000 for individual

United statesTreasury department bureau of the fiscal serviceSecurity administrationRailroad retirement boardPostal serviceUs department of the treasuryMoney network financialAmerican rescue plan actPresident joe bidenEconomic impact paymentsAdjusted gross incomeGet my paymentSocial securityIndividual taxStatus not availableMore information