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Who is a dependent, and why that could mean more money in your next stimulus check

October 11, 2020

breaking-the-piggy-bank-stimulus-check-cash-money-savings-debt-personal-finance-005 — If you claimed dependents on your 2019 tax return, you should’ve received at least $500 in the first round of stimulus checks.

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If you claim a dependent on your taxes, you might receive more money in a second stimulus check than you did in the first, if a bill is approved in Congress. There are now three different proposals for a new stimulus bill that all expand the definition of a dependent in a way that’s sure to bring your family a larger sum, so long as you’re eligible for a new check (when and if it happens).

According to the latest proposal under consideration, a $1.8 trillion White House effort, the total for child dependents could rise from $500 to as high as $1,000 in a second round. Two other proposals wanted to bring $500 to dependents of any age, including an older relative

How much stimulus check money could you get? Find out with our payment calculator

October 10, 2020

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If Congress approves a second stimulus check by the end of 2020, how much money could you expect as a payment? There are a number of variables that factor in, so we built a handy calculator to help make estimating the amount as easy as possible.

The IRS is expected to follow the same guidelines as with the first stimulus check of up to $1,200 per person, but with a twist. If and when Congress signs off on a second direct payment, there could be changes to qualifications for you or your family members, which could result in more money for you. However, there are two different proposals for what that means, so things could get tricky. It’s important to read

Biden Climate Plan Aligns With Green New Deal: Debate Fact Check

October 8, 2020

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(Bloomberg) — Bloomberg News is checking the facts as Vice President Mike Pence and Senator Kamala Harris have their one and only debate.

Mike Pence wearing a suit and tie: Mike Pence speaks during the U.S. vice presidential debate at the University of Utah on Oct. 7.

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Mike Pence speaks during the U.S. vice presidential debate at the University of Utah on Oct. 7.

Pence Claim: Biden and Harris support the Green New Deal

Harris co-sponsored legislation rooted in the far-reaching progressive climate plan known as the Green New Deal. And while Biden has said he does not support the Green New Deal, he has released a plan that aligns with some of its goals.

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A $2 trillion climate plan Biden outlined in July calls for achieving “a carbon pollution-free power sector by 2035,” as well as spending on renewable energy infrastructure, getting cleaner cars on the road and creating zero-emission mass transit systems. The spending would also boost sustainable home building, clean energy innovation and conservation.

The sweeping Green

Is A Second Stimulus Check Coming? President Trump Charts New Course, Money For People, Airlines, Small Business

October 7, 2020

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KEY POINTS

Trump accused Democrats of holding $1,200 stimulus checks hostage to aid for cash-strapped state and local governments
The president is still recovering from COVID-19 and is taking a steroid that interferes with thought processes and causes aggression
Trump’s shift in direction comes as the recovery from the coronavirus-induced recession appears to be losing steam

After putting the kibosh on further coronavirus stimulus negotiations, President Donald Trump Wednesday urged Congress to send him a trimmed-down measure that would provide $1,200 payments to individuals, along with funds to shore up the airlines and small businesses.

Trump sent the Dow Jones Industrial Average into a more than 375-point dive Tuesday, tweeting he had ordered an end to negotiations between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi. The two sides were more than $500 billion apart on the size of the next round of stimulus. The president said there would

No $1,200 stimulus check? IRS extends key deadline for those who never received the money

October 6, 2020

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If you don’t typically file tax returns and never received a stimulus check, you now have until Nov. 21 to file your information with the IRS in order to get your payment.
The deadline extension comes as the tax agency is reaching out to millions of Americans who could still be eligible for the money.
The $1,200 stimulus checks were authorized by Congress earlier this year. Lawmakers are still negotiating on a new stimulus package that could include a second round of similar payments.

a woman sitting on a table

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If you typically don’t file tax returns and haven’t yet received a $1,200 stimulus check, you now have five more weeks to submit your information to the IRS in order to get your money.

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The IRS announced on Monday that it has extended the deadline for non-filers to Saturday, Nov. 21, from the previous Oct. 15 cut-off date.

The deadline

Next stimulus check closer to reality? The second relief payment could bring more money

October 5, 2020

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Getting more stimulus money into people’s hands through a second stimulus check seems to be a top priority for negotiators of the overarching stimulus package — and for President Donald Trump, who is currently hospitalized with COVID-19.

“Our great USA wants and needs stimulus. Work together and get it done. Thank you!” Trump’s account tweeted from the Walter Reed National Military Medical Center, where he is being treated for the coronavirus.

So how much money could you get from another round of direct payments? The first stimulus payment was for up to $1,200 per adult, but a second stimulus check could be larger or smaller, especially if the qualifications for dependents are broadened or if your financial circumstances have changed since the first round in

Stimulus check money: What we know about how big your second relief payment could be

October 2, 2020

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A new stimulus bill passed on Thursday… or did it? The scaled-back Heroes Act (aka Heroes 2.0) cleared the House of Representatives Thursday, but negotiations over another stimulus bill are still ongoing. Although there’s no new viable legislation today to authorize another round of stimulus checks, one thing is clear: All sides desperately want to approve another direct payment. So how much money can you count on?

The first stimulus check was worth up to $1,200 per adult, but a second stimulus check may amount to more or less, especially if the qualifications for dependents are broadened or if your financial circumstances have changed since the first round in March (try CNET’s stimulus calculator to estimate your check). These new eligibility rules (among others)

How much stimulus check money could you get? Find out with this payment calculator

October 1, 2020

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If Congress approves a second stimulus check by the end of 2020, how much money could you expect as a payment? There are a number of variables that factor in, so we built a handy calculator to help make estimating the amount as easy as possible.

The IRS is expected to follow the same guidelines as with the first stimulus check of up to $1,200 per person, but with a twist. If and when Congress signs off on a second direct payment, there could be changes to qualifications for you or your family members, which could result in more money for you.

Our stimulus check calculator is based on rules from the CARES Act, which governed the first stimulus check, and

Stimulus check money: Here’s what we know about how big your second relief payment could be

October 1, 2020

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How much money could you get if you qualify for a second stimulus check? We can begin to count it up given what we know so far, especially now that there’s hope that another coronavirus relief bill with a new round of stimulus money could pass before the Nov. 3 election.

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are in the thick of further negotiations for bipartisan legislation that includes a check as well as other items like $600 per week in federal unemployment benefits.

The first stimulus check was worth up to $1,200 per adult, but a second stimulus check may amount to more or less, especially if the qualifications for dependents are broadened or if your financial circumstances have changed since

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