With COVID-19 continuing to spread across the United States and the rest of the world, a lot of us in America are still wondering when, and even if, we’ll be receiving the promised help from the government.
According to the IRS, most people who have a social security number automatically qualify, but there are some restrictions. People who make more than $99,000 a year will not receive the aid. If you’re a college student, or if you’re an adult who’s listed as a dependent on someone else’s tax return, then you will not get any money. Also, immigrants who have yet to retrieve a social security number will not qualify for the stimulus either.
For those who do qualify to receive a stimulus check (that will be a direct deposit for most Americans) there are many factors that will determine how much you’re able to get.
To find out exactly how much you and your family are able to receive check out this online calculator.
According to the Treasury Department, everyone getting their money via direct deposit will have it by April 24. If you are getting a paper check it could take up to several months.