For many families, the second stimulus check will be greater than the first For many families, the second stimulus check will be greater than the first

For many families, the second stimulus check will be greater than the first

As negotiations between Democrats and Republicans on a new relief package continue, one point at which there seems to be almost complete agreement is in the sending of a second stimulus check. Who could receive more money than before?

The base amount of the stimulus check that Republicans put forward in their proposed relief plan is $ 1,200 for those with an annual income of up to $ 75,000. From that amount - and up to an annual gross income of $ 99,000- the amount will be progressively reduced.

Therefore, it is expected that whoever received a direct payment of $ 1,200 (and couples that file jointly up to $ 2,400 dollars) the previous time will get the same amount again.

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But a change in the legislation could increase the amount

Despite the fact that the amount and the income threshold are the same as that collected by the Cares Act, and that the extra money per dependent has not changed either ($ 500), the definition of dependent has been modified and this may increase the amount that some taxpayers receive.

In the first direct payment, the $ 500 dollars were sent only to those who declared minors under 17 as dependents. The new bill eliminates this age limit. Something that will especially benefit those who have university students or elderly people in their charge.

The stimulus package proposal that the Democrats approved in the House of Representatives a few months ago - and which is three times more generous - also contemplates eliminating the age limit for dependents but, it proposes sending more money ($ 1,200 dollars) to each of them. It also seeks to include American spouses of immigrants without legal status and their US-born children among the beneficiaries.

However, the Republican-led upper house is unlikely to approve of the Democrats' plan, although it remains to be seen what the GOP will give up in the negotiations.
 

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