It’s now mid-August and the long-promised second stimulus check is nowhere in sight. Even though both Democrats and Republicans agreed on another stimulus check, the parties have not been able to come to a consensus on most of the other issues tackled in the relief package that they are currently negotiating.
If and when it does happen, expect $1,200 to go to anyone making less than $75,000 a year, or $2,400 for joint filers earning less than $150,000. Any person making more than $75K or any joint filers earning over $150K will have their check reduced by 5% of how much more they make over those amounts. Qualified Americans will also get an extra $500 for each dependent.