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Home Archive Everything you need to know about your $1,200 stimulus check | Forbes

Everything you need to know about your $1,200 stimulus check | Forbes

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Everything you need to know about your $1,200 stimulus check | Forbes
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The questions everyone is asking about the stimulus checks include when they are sent out, how much do we get, and how do we acquire the funds? In order to receive the full stimulus check amount, you have to meet the income threshold, which is $75,000 for a single filer and $112,500 for joint filers if you don’t have any children. If your adjusted gross income falls under this, you will receive $1,200 as a single or $2,400 for married couples. Currently the first stimulus checks are being sent out now via direct deposit for those who chose this option on their 2019 tax returns. The IRS now has a tool on the website for entering your bank account information or address to receive the check in the mail.

Source: https://www.forbes.com/sites/zackfriedman/2020/04/13/stimulus-check-everything-need-know/#62a1ea9c254f