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News: Third Stimulus Check Update

Congress is working this week to finalize the third stimulus check eligibility guidelines. By the end of this week, President Joe Biden's $1.9 trillion stimulus bill should offer a clearer idea of who will qualify for the third check of up to $1,400 per person and who won't qualify. The House has already made significant headway filling in many of the details for who would qualify for a payment, including for dependents and families with mixed US citizenship. Additionally, Congress is looking to rework how much you might receive by targeting the next stimulus check. With the new payments, you could qualify for thousands of dollars more this time than last. But one unknown is whether Congress will base your payments on your 2019 tax return or look at your 2020 filing too, which could affect your eligibility. It's possible Congress will also set up specific rules and exceptions for nonfilers and some people in child-support situations. If you still need to claim your full amount from the IRS or possibly even need to file a payment trace, now's the time to start