American Rescue Plan Stimulus Checks 2024, Who is getting paid now?

In this article, we will discuss about the American Rescue Plan Act of 2021, which was signed into law by President Joe Biden on March 11, 2021.

It’s a big deal because it’s all about helping the United States recover from the impact of COVID-19. This law, also known as the COVID-19 Stimulus Package, was designed to give direct help to Americans. It didn’t just stop there, though!

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It also focused on boosting the vaccination program, giving more support to people who lost their jobs, and helping out businesses and governments affected by COVID-19.

American Rescue Plan Stimulus Checks 2024

The main aim of the stimulus checks from the American Rescue Plan was to help people who were struggling financially because of the pandemic.

By giving money directly to individuals and families, the government hoped to encourage people to spend more money, which would help the economy grow faster and recover from the pandemic.

The checks were part of a bigger plan that also helped with vaccine distribution, supported small businesses, and gave money to state and local governments to help them deal with the pandemic’s financial problems.

Eligibility Criteria for American Rescue Plan Payment

The eligibility criteria for getting the stimulus checks from the American Rescue Plan, signed on March 11, 2021, were made to help those who were hit hardest by the pandemic’s economic effects. They looked at how much money people earned, if they had dependents, and how they filed their taxes to decide who got the payments and how much they got. Here’s a simple explanation of the criteria:

Income Thresholds
Filing StatusFull Payment AGI ThresholdPhase-out Start AGIComplete Phase-out AGI
Single FilersUp to $75,000$75,001$80,000
Married Filing JointlyUp to $150,000$150,001$160,000
Head of HouseholdUp to $112,500$112,501$120,000

Dependency Status – The American Rescue Plan gave money to all dependents, no matter how old they were. This included college students, disabled adults, and elderly dependents. Each dependent got $1,400, and the payment went to the taxpayer who listed them on their tax return.

American Rescue Plan Stimulus Check Amount

The amounts that different types of people received:

  • Single filers got $1,400.
  • Married couples who filed their taxes together got $2,800.
  • Head of Household filers got $1,400.
  • Each dependent, regardless of age, got $1,400.

Apply for the American Rescue Plan Stimulus Checks

Under the American Rescue Plan, most eligible people didn’t have to apply for their stimulus checks themselves. The IRS used their tax return info from 2019 or 2020 to figure out who should get the money and how much. If someone didn’t file taxes because they didn’t earn much, there were other ways for them to get the payment. Here’s how the process generally worked:

Automatic Eligibility Determination: The IRS looked at people’s tax returns from 2019 or 2020 to see if they could get the stimulus money. They checked things like how much money they made, how they filed their taxes, and if they had any dependents. If someone didn’t file taxes because they didn’t earn much, there were other ways for them to sign up to get the payment.

Non- filers: If someone didn’t file taxes in 2019 or 2020, they could still get the stimulus money. The IRS told these people to fill out a simple tax form or use a special tool called the Non-Filers tool, if it was available. They needed to give basic info like their name, address, and Social Security number. This was important for people who don’t usually file taxes because they don’t earn much or get Social Security benefits.

Updating Information: If someone needed to change their payment info or sign up as a non-filer, the IRS had info and help on their website. This included how to update bank details or addresses.

Checking the Status of Your Payment

The IRS wants people to look at their Online Account for info about the Economic Impact Payments they got. Your Online Account is a safe place on the IRS website where you can see all your tax info, including details about your Economic Impact Payments.

  1. Go to the IRS website: Visit the IRS’s official website.
  2. Log in or sign up: If you already have an account, log in using your details. If not, register by giving your Social Security number, tax filing status, and mailing address.
  3. Check Economic Impact Payment: After logging in, find the “Tax Records” section to see how much stimulus money you received. This includes payments from the American Rescue Plan.

Your Online Account has more than just Economic Impact Payments. It also has high tax-related stuff like your tax transcripts, payment history, and any letters or notices from the IRS.

Final Thoughts

We conclude that the American Rescue Plan was a big help for people during the COVID-19 pandemic. It gave out stimulus checks to those who needed financial support. The eligibility criteria were based on income and filing status, and the process was mostly automatic based on tax return information. People who didn’t file taxes could still get the money by using special tools provided by the IRS.

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