$600 Stimulus Checks Could Be in Your Bank Account Tonight
Buffalo residents could see their $600 stimulus checks hit their bank account tonight.
U.S. Treasury Secretary Steven Mnuchin tweeted that COVID-19 stimulus payments could hit Americans' bank accounts as early as tonight,
@USTreasury has delivered a payment file to the @FederalReserve for Americans’ Economic Impact Payments. These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week. Paper checks will begin to be mailed tomorrow. Later this week, you can check the status of your payment at http://IRS.gov/GetMyPayment.
Paper checks will take a bit longer to get mailed to you. Mnuchin said those will start going out tomorrow. According to the Washington Post, there have been many complaints of delays and slowed service by the U.S. Postal Service, so there's no telling how long it will take for checks to actually arrive. You can check the status of your COVID-19 stimulus payment, starting next week, at http://IRS.gov/GetMyPayment.
$2,000 Stimulus Checks Blocked by GOP, Mitch McConnell
Many WNY residents will be receiving the much-needed second round of COVID-19 stimulus checks. Even though President Trump called for Republicans to increase the amount families would receive by $1,400, Mitch McConnell, Senate Majority Leader, blocked the vote to approve additional monies. The payments going out as early as tonight will be $600 per eligible adult and up to $600 for each child. Not everyone will receive the stimulus money, according to the U.S. Treasury via CNBC,
Generally, if you have adjusted gross income for 2019 up to $75,000 for individuals and up to $150,000 for married couples filing joint returns and surviving spouses, you will receive the full amount of the second payment. For filers with income above those amounts, the payment amount is reduced.
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