Here’s what we know so far.
The latest White House proposal for a $1.8 trillion stimulus package would deliver a second stimulus check of up to $1,200 per person. However, it also includes a new change in eligibility requirements that could make a big impact — for the better.
Essentially, the shift would assign more money to child dependents than the first round of stimulus checks did, which means a larger payment for the family overall. While the new proposal is being rebuffed by lawmakers on both sides — and the administration pursues a different short-term direction — the change is still important whether the bill passes or fizzles. It could very well appear in a final bill, instead of a competing move to assign more money to dependents of any age (not just “children”).
Stimulus check eligibility rules are a tangle of requirements and exceptions. They begin with the adjusted gross income from your taxes, but could differ from person to person based on whether you’re a dependent, an independent adult or an older adult or retiree, if you’re on SSDI, and if you are a US citizen living abroad, or a citizen of a US territory.