Stimulus Check App gets you latest news about the upcoming second stimulus check and IRS requirements to qualify for the free check and money.
*IRS will look at two tax years. 2019 if already filed; 2018 if not.
*Congress could focus its stimulus efforts on tax breaks for businesses as a way to boost US job numbers.
*A $1,200 maximum single payment for individuals. Proposed by the Heroes Act passed by the House of Representatives. (This is not law. More below.)
*More money for individuals than the Heroes Act proposes, as referenced by President Donald Trump on July 1.
*A $2,000 monthly payment through the end of the pandemic and for three months after. Proposed by Sen. Kamala Harris.
*$2,000 a month for up to 12 months. Proposed by Rep. Ro Khanna.
*A $4,000 temporary travel tax credit (PDF). Proposed by the US Travel Association, after *Trump embraced the idea in May. Sen. Martha McSally took the idea further and proposed a bill (PDF) that would give couples a $8,000 tax credit to cover travel expenses plus $500 for each qualifying child.
*A payroll tax cut, proposed by Vice President Mike Pence and other White House officials, that would allow workers to keep more of their paychecks.