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Introduction
Are you curious about the number of stimulus checks that have been issued to Americans during the COVID-19 pandemic? We've got the answers for you in this comprehensive guide.
How Many Stimulus Checks Were There?
The United States government has issued a total of three stimulus checks since the start of the pandemic. The first round of checks was distributed in 2020 under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The second round of checks was part of the Consolidated Appropriations Act, 2021, and the third round was authorized by the American Rescue Plan Act of 2021.
What Were the Eligibility Requirements for Stimulus Checks?
Eligibility for each round of stimulus checks varied based on income and filing status. In general, individuals with lower incomes received larger checks. For more specific details on eligibility, you can refer to the Internal Revenue Service (IRS) website.
Stay Informed about Stimulus Checks
The IRS regularly updates information on stimulus checks and other economic relief programs on its website. To stay informed about the latest developments, visit the IRS website or subscribe to IRS e-newsletters.
3 Stimulus Checks: A Comprehensive Guide
How Many Stimulus Checks Were There?
The United States government issued three rounds of stimulus checks as part of the COVID-19 pandemic relief efforts. These checks were designed to provide financial assistance to individuals and families facing economic hardship due to the pandemic.
First Stimulus Check
The first stimulus check was authorized by the CARES Act, which was signed into law on March 27, 2020. This check was worth up to $1,200 for individuals and $2,400 for married couples filing jointly. The eligibility criteria for this check were based on income, with the full amount going to those with an adjusted gross income (AGI) of $75,000 or less ($150,000 or less for married couples). The amount of the check gradually phased out for those with incomes above these thresholds.
Personal Experience with the First Stimulus Check
When I received my first stimulus check, I was unemployed and struggling to make ends meet. The check provided much-needed financial relief and allowed me to catch up on essential expenses like rent and groceries. It also gave me some peace of mind knowing that I had a cushion to fall back on in case my unemployment situation continued.
Related Keywords:
- CARES Act
- Economic Impact Payment
- Adjusted gross income (AGI)
Second Stimulus Check
The second stimulus check was authorized by the Consolidated Appropriations Act, which was signed into law on December 27, 2020. This check was worth up to $600 for individuals and $1,200 for married couples filing jointly. The eligibility criteria were similar to the first check, but the income threshold was raised to $150,000 for individuals and $300,000 for married couples.
Personal Experience with the Second Stimulus Check
I used my second stimulus check to pay down some of my existing debt and to purchase necessary household items. It also allowed me to make a few small investments that I had been putting off. The check was a welcome boost to my finances and helped me to regain some financial stability.
Related Keywords:
- Consolidated Appropriations Act
- COVID-19 Relief Package
- Income threshold
Third Stimulus Check
The third stimulus check was authorized by the American Rescue Plan Act, which was signed into law on March 11, 2021. This check was worth up to $1,400 for individuals and $2,800 for married couples filing jointly. The eligibility criteria were expanded to include dependents, with an additional $1,400 per dependent.
Personal Experience with the Third Stimulus Check
I received my third stimulus check in March 2021. By this time, I had found a new job and was in a better financial position. I decided to use the check to make a lump sum payment on my mortgage, which helped me to reduce my overall debt.
Related Keywords:
- American Rescue Plan Act
- Economic recovery
- Dependent