New Stimulus Package Dependents Over 18

When congress enacted legislation to stem the financial distress caused by covid 19 some dependents were shut out of receiving stimulus checks.

New stimulus package dependents over 18. The new economic relief package will total about 900 billion less than half the amount democrats had hoped for and nearly double the amount senate republican leaders had backed. It s not guaranteed that there will be money for adult dependents this time. Those earning 75 000 per year or less will receive a direct payment of 1 200.

That includes millions of 17 and 18 year olds college. Now young adults are working to raise awareness. Americans will be getting a second stimulus payment for christmas after all with lawmakers reaching an agreement over the weekend for a 900 billion pandemic rescue package in addition to.

Married couples making up to 150 000 per year will receive 2 400 and an additional 500 per child. About 5 million 17 and 18. For more here s what we know about the contents of the new stimulus package.

Here are the top things you should know. New stimulus bill dec. The 900 billion package includes 600 per person cash payments half of what people received in the spring.

President trump says that s not enough. However this stimulus package does not provide payments for adult dependents. We estimate that this leaves out more than 15 million lower and middle income dependents aged 17 and over who would receive a rebate were it not for this age restriction.

Adult dependents who were excluded from the last stimulus would also be eligible for the 2 000 checks under the bill passed by the house. 2020 cares act march 2020 revised heroes act oct. 2020 total cost of stimulus package 900 billion 2 2 trillion 2 2 trillion stimulus check maximum payment amount 600 to single filers.