Blank stimulus checks are seen on an idle press at the Philadelphia Regional Financial Center, which disburses payments on behalf of federal agencies, in Philadelphia, Thursday, May 8, 2008. The first batch of rebate payments started hitting bank accounts last week through direct deposits. Treasury Secretary Henry Paulson, Vice President Dick Cheney and other Bush administration officials are visiting government check printing centers around the country on Thursday for events highlighting the fact that millions of rebate checks are in the mail. (AP Photo/Matt Rourke)

This information could change. As of today, it stands.

Taxpayers who make $75,000 or less will receive a $1,200 check. Married couples making $150,000 or less will receive $2,400.

If you have children, you will receive $500 per child.

This money will not count as taxable income. It is considered a “rebate.”

For those who qualify, you will receive the money via direct deposit.

From MarketWatch:

As for consumers, Treasury Secretary Steven Mnuchin on Wednesday said that direct payments to many Americans under the stimulus bill would come within three weeks. Other commentators have said it may take longer than that. You can read text of bill here. 

You may also like

There is something wrong with Feed URL