Senate HEALS Act includes another $1,200 stimulus check—here's who would qualify. (via CNBCMakeIt)
: Qualifying individuals earning a gross adjusted income up to $75,000 per year in 2019, and couples earning $150,000, will receive the full $1,200 or $2,400, respectively. From there, the checks will be reduced by $5 for every $100 in income, phasing out completely at $99,000 and $198,000.
Individuals who have no income and those whose income comes from programs such as SSI benefits are still eligible for the full rebate amount. Individuals will also receive $500 for each dependent, just like under the CARES Act. Unlike the first time around, though, there is no age cap on the extra payment. The CARES Act capped the dependent payment at age 17, excluding
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