When Will You Get Your Second Stimulus Check?
After months of negotiations, lawmakers have finally agreed on a deal to provide more coronavirus relief -- including a second stimulus check. The next payment will be smaller than the first one, though.
While the CARES Act authorized a payment of $1,200 per adult and $500 per eligible dependent, the next relief bill provides payments worth up to $600 per adult and child dependent.
The income limits will likely be the same as they were under the CARES Act, with eligibility beginning to phase out with an income above $75,000 for single filers or $150,000 for married filers, with those who earn over $99,000 or $198,000 receiving no payments.
Source Fool.com
