(The following is a transcription from a video I recorded. Please excuse any typos or errors.)
Quick little update for you.
The Senate and the White House reached an agreement on this big stimulus bill, the Trump coronavirus stimulus check for 2020.
Let me share with you who will be eligible, how much you will get, what the qualifications are, and when you can expect to receive the stimulus check from the U.S. government.
And so if you haven’t heard about this, it’s pretty cool because you’re probably going to be getting a nice fat check from the government.
Here are the details that you need to know.
It is expected to be up to $1,200 per adult and $500 per child, which is pretty fun.
These amounts are based off of your 2018 tax returns if you haven’t filed 2019 tax returns yet.
Taking Your Income Level Into Consideration
And according to this article from the Los Angeles Times, the amount received will decline gradually beginning with individuals who make $75,000 a year or married couples who make $150,000 total each year.
Individuals making $99,000, or above or couples making $198,000, or above would receive no check.
Which looks like this:
And here is another helpful breakdown of how big your stimulus check will likely be:
When will you get your check?
Stimulus Check Timeframe
The fun thing about is they’re expected to be shipping within the next few weeks.
So that’s really cool. And you don’t normally see the government move this fast on things, but the stock market’s been doing fantastic the last two days as a result of the expectation of this thing coming through.
While I’m not really excited about the long term effects of the government giving away all this money, I know a lot of people who will be excited to get a little bit of cash in their pocket.
So that’s the latest update for the Trump coronavirus stimulus check for 2020!
Let us know in the comments below what you plan to do with this Trump stimulus check that you will hopefully be receiving soon!
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