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Second stimulus package checks: How much could you get? Trump could decide soon if another payment is coming - PennLive

The coronavirus pandemic continues across the U.S. even as states begin to reopen, which means many could use a second IRS stimulus payment, check, or debit card.

Whether or not one is coming, however, is up for interpretation.

The IRS says it has now paid everyone it has information for through the CARES Act, which gave a maximum of $1,200 to single filers and $2,400 to joint filers and included a $500 payment for one dependent under the age of 17.

Some still haven’t received it, however. If that’s you, it’s advisable to visit the IRS’s FAQ page for additional information.

As for a second payment, the HEROES Act has passed the U.S. House, but it has yet to be taken up in the U.S. Senate as legislators wait for President Donald Trump to signal whether or not he thinks another stimulus package is needed.

“It’s something that we’re very seriously considering,” Treasurer Secretary Steve Mnuchin said Thursday, according to The Wall Street Journal.

There is no question that Republicans in the Senate will change some of the Democrat-backed bill that came out of the House, but as it currently stands, the HEROES Act would pay the same amount as the CARES Act and use the same sliding scale to determine who gets what based on their adjusted gross income.

The biggest change between CARES and HEROES is that the latter would make those with a taxpayer identification number eligible for a payment, whereas the former required a social security number. Additionally, up to three dependents of any age would qualify as opposed to just one under the age of 17.

To see how much you would be eligible for under the current writing of the bill, punch your information into the free Omni Calculator tool below. If you can’t see the embed, click here.

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Second stimulus package checks: How much could you get? Trump could decide soon if another payment is coming - PennLive
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