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New $3,600 stimulus payments will be here soon
KTUL Tulsa ^

Posted on 06/08/2021 3:22:59 AM PDT by LouAvul

There's a new stimulus payment on the way from the IRS. It's part of the massive $1.9 trillion coronavirus relief package signed by President Joe Biden back in March. There's a date for you to circle on your calendar and there's one big difference between the previous payments (for $1,200, $600, and $1,400) that people received earlier this year and this new payment.

July 15th is when the next round of money will begin being distributed by the IRS.

But that's not the only date that people will receive the money. This new payment is recurring. People who qualify for the money will get payments on the 15th of each month until the end of the year.

This next round of payments adds up to $3,600 dollars. Parents with children under 6 years old will receive payments of $300 per month. Families with children aged between 6 and 17 years old will receive $250 per month. The payments are capped at $3,600 for children under 6 years old, and $3,000 for people 6 and older.

People who make less than $75,000 as individuals and $150,000 for married couples filing jointly will be eligible for the full expanded federal child tax credit. The credit phases out at $95,000 and $170,000 respectively.

This tax credit will be available to a lot of people.

About 39 million households, (88% of all children living in the US) are expected to start receiving these new stimulus checks. Most of those households won’t have to do anything to start receiving the payments. From the IRS: "While most taxpayers will not be required to take any action to receive their payments, Treasury and the IRS will continue outreach efforts with partner organizations over the coming months to make more families aware of their eligibility.” There's more information on the IRS website.


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: children; debt; deficit; inflation; stimulus
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To: nonliberal

Just get yourself some of those illegal children and you are golden. That’s why the rat party is shipping them here. All planned out ....


41 posted on 06/08/2021 4:55:26 AM PDT by redshawk ( I want my red balloon. ( https://youtu.be/zNLpfEDliV0)
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To: Truth29

IRS suspects you voted for Trump


42 posted on 06/08/2021 4:58:28 AM PDT by a fool in paradise (Lean on Joe Biden to follow Donald Trump's example and donate his annual salary to charity.)
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To: nonliberal

Same. It’s hard to keep up with the Joneses when some animals are more equal than others on the Animal Farm.


43 posted on 06/08/2021 5:01:19 AM PDT by a fool in paradise (Lean on Joe Biden to follow Donald Trump's example and donate his annual salary to charity.)
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To: LouAvul

I heard the present inflationary spike is just transitory. I swear I read that somewhere.


44 posted on 06/08/2021 5:16:57 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Antihero101607

“The mouse in the trap never questioned why the cheese was free.”

A hammer and the head of a nail.


45 posted on 06/08/2021 5:23:14 AM PDT by Rannug (When you're dead, you're dead. Until then fight with everything you have.l)
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To: a fool in paradise
"IRS suspects you voted for Trump"

Frighteningly possible.

46 posted on 06/08/2021 5:28:33 AM PDT by Truth29
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To: LouAvul
What was once a ten ounce bag of Ruffles now weighs eight ounces, and costs $4.

Gee, one wonders how that happened... /s

47 posted on 06/08/2021 5:35:38 AM PDT by OKSooner ("...but only after the fair trial, of course.")
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To: Doofer

It’s not fake news. Been reported for a while this was going to happen.


48 posted on 06/08/2021 5:36:22 AM PDT by lodi90
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To: LouAvul
My wife's 96 year old uncle died in February. We were the only one to take care of him. After he died his 1,400 stimulus came in the mail. We checked the box for "recipient deceased" and put it in a mail box. A few days later it came in the mail again. We then took it the local post office explained the situation and the lady told us "don't worry Ill take car of it." Well....the very next day it was delivered again! After that we just put the check through our paper shredder.
49 posted on 06/08/2021 5:39:01 AM PDT by 4yearlurker ("My brain has a mind of it's own!"-what my 8 year old granddaughter told me.)
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To: LouAvul

I predict the cost of child care will now increase in the same way college tuition skyrocketed when the government began “helping” make tuition affordable.


50 posted on 06/08/2021 5:40:41 AM PDT by Obadiah
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To: unread

‘Democrat’ to qualify???


51 posted on 06/08/2021 5:43:39 AM PDT by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: EvilCapitalist
I’d trade the $3,600 for an ounce of gold, and some silver.

Where do you get physical gold and silver? Just asking for my rich friend who uses them for paper weights.

52 posted on 06/08/2021 5:48:32 AM PDT by Starstruck ( Since I'm old I don't whether I'm senile or brilliant. Or happily both.)
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To: LouAvul

Poorly written article. The article and the headline fail by not stating clearly that this is for families with children only.

Halfway through the article the “payment” changes to a tax credit. Then back to stimulus checks.

This is to condition the folks to expect money from the government, and to get them to demand permanent money from the government.


53 posted on 06/08/2021 5:49:29 AM PDT by I want the USA back (The reflectance of my epidermis does not give anyone the right to assume anything about me.)
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To: Cletus.D.Yokel

Or the elderly either working because they have too or on SSN.


54 posted on 06/08/2021 5:49:37 AM PDT by BushCountry (thinks he needs a gal whose name doesn't end in ".jpg")
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To: LouAvul
IRS now printing money to be used as toilet paper? (photo from article link)


55 posted on 06/08/2021 5:51:43 AM PDT by newfreep (“Leftism, under all of its brand names, is a severe, violent & evil mental disorder.”)
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To: LouAvul

Of course, seniors who rely on SS, have saved for retirement and whose children are all grown up with no assistance get NOTHING. ZIP. NADA. NICHT.

They paid taxes all their life, but again Democrats want to kill them off so they can be reliable Democrat voters. Democrats are the party of death.

Kill babies
Kill old people
Kill jobs
Kill, kill, kill


56 posted on 06/08/2021 5:54:45 AM PDT by NTHockey (My rules of engagement #1: Take no prisoners. And to the NSA trolls, FU)
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To: LouAvul

Helicopter Money!


57 posted on 06/08/2021 6:07:57 AM PDT by Uncle Miltie (I'm changing my name to 'Spike Protein'!)
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To: LouAvul

WHAT ABOUT SENIORS? WE DON’THAVE SMALL KIDS, STILL HAVE MEDICAL, INSURANCES, FOOD BILLS, CAR MAINTANCE, DENTURES, GLASSES, HEARING AIDS, UTILITIES? THAT $14.00 SS COLA RAISE WON’T BUY 4 LBS OF GOOD DOG FOOD. MUCH LESS PAY FOR THE HUMALOG I MUST TAKE. OR THE HEART PILL, OR THYROID MED.


58 posted on 06/08/2021 6:12:25 AM PDT by GailA (Constitution vs evil Treasonous political Apparatchiks, Constitutional Conservative.)
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To: GailA

And also, you need to buy a replacement keyboard because apparently your caps lock is stuck on. :P


59 posted on 06/08/2021 6:18:03 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: LouAvul

My wife and I live very close to our 4 grandsons, who are over at our house pretty much every day. I could use a handout to pay for the food we go through. At least with cicadas, after they clean you out they leave you alone for 16 years.....


60 posted on 06/08/2021 6:25:02 AM PDT by Bernard (“When once the guardian angel has taken flight, everything is lost”. – William H. Seward, 1/12/1861)
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