Coronavirus Stimulus: How Much Will You Get?
CORONAVIRUS STIMULUS: HOW MUCH WILL YOU GET? As you may have heard, the United States Government will soon be issuing “Stimulus” checks intended to ease the devastating economic impact of the Coronavirus. Under this initiative, about 90% of Americans will receive one-time direct cash payment of up to $1,200, and couples may receive up to $2,400. And, families may receive an additional $500 per child. These amounts are subject to “phase-outs” parameters based on income levels. What this means is that high-income earners will get less, or possibly nothing at all.
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