Was there a recent stimulus check sent out?
The recent economic downturn has caused considerable uncertainty and financial strain for many Americans. As a response to this crisis, the government has implemented various stimulus measures to provide relief to affected individuals and families. One of the most significant of these measures has been the distribution of stimulus checks. But, was there a recent stimulus check sent out?
Background on Stimulus Checks
Stimulus checks, also known as economic impact payments, were first introduced during the COVID-19 pandemic to help stabilize the economy and support those who were affected by the lockdowns and job losses. The initial round of stimulus checks, known as the CARES Act, provided $1,200 to eligible individuals, along with an additional $500 for each qualifying dependent child. Subsequent rounds have followed, with varying amounts and eligibility criteria.
Most Recent Stimulus Check
The most recent stimulus check was part of the American Rescue Plan Act, which was signed into law on March 11, 2021. This act provided a second round of stimulus checks, sending $1,400 to eligible individuals. The payment was designed to provide further relief to Americans struggling with the economic impact of the pandemic.
Eligibility and Distribution
To be eligible for the recent stimulus check, individuals had to have a Social Security number and a qualifying adjusted gross income (AGI) of $75,000 or less for individuals, $112,500 for heads of household, and $150,000 for married couples filing jointly. Recipients who did not receive the full amount or were eligible for the most recent stimulus check could claim the remaining amount on their 2021 tax return.
How to Check Your Stimulus Check Status
If you are unsure whether you received the recent stimulus check, you can check your payment status through the IRS’s “Get My Payment” portal. This tool allows you to track the status of your payment, including the date it was sent and the payment method used.
Conclusion
In conclusion, the recent stimulus check was indeed sent out as part of the American Rescue Plan Act. Eligible individuals received $1,400, and those who did not receive the full amount or were eligible for the check could claim the remaining amount on their 2021 tax return. If you are still waiting for your payment or need to check its status, you can visit the IRS’s “Get My Payment” portal for more information.
