The Covid 19 virus has had a life changing effect on society as we know it. Most of the country is under a stay at home order, which is being used as a strategy to slow down the infection rate on an unprepared administration. Hospitals nationwide are voicing their concern on a shortage of supplies and hospitals being overcrowded. The United States House of representatives passed its package this Saturday The package includes $1,400 direct checks to Americans making less than $75,000 along with an extension of federal unemployment benefits. The bill would have to get approved in a republican controlled Senate. If passed, the bill will have to go back to the House for another round of votes before our current President Joe Biden, signs it into law.(CNN) - Millions of Americans will start running out of pandemic unemployment benefits in just two weeks, putting increased pressure on the Senate to quickly pass its version of President Joe Biden's $1.9 trillion coronavirus relief package.
- In accordance with the bill set to pass or get readjusted in the Senate, what is the dollar amount being requested for families making less than 200,000 per year?
- Due to a quicker phase out in payments in comparison to previous rounds, not everyone who was eligible for the $300 kicker will be eliglble. For those who are, what will be the new dollar amount.
- What will be the total dollar amount for those eligible for the per person amount plus the $300 kicker replacement relief.
- What tax year income will be used to calculate those payments.