Here's why 26 million more Americans could qualify for a stimulus check under the HEALS Act. (via Grow_mag)
The Republican stimulus check proposal, however, contains one key difference when compared to thesent out under the CARES Act in late April: More people are likely to receive money.
The Democrats' HEROES Act also called for including all dependents, but it features a bigger payment of $1,200, instead of $500, for a maximum of three dependents per household. Individuals with adjusted gross income of up to $75,000 would be eligible for full payments. Checks would be reduced for those making over that amount and would phase out completely for income over $99,000.
When sending out the first round of stimulus checks, which the government began distributing in mid-April, the IRS and Treasury Department reviewed Americans' most recent tax returns, either 2018 or 2019.
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