A stimulus check is a check sent to a taxpayer by the U.S. government.
Advertisement
Stimulus checks are intended to stimulate the economy by providing consumers with some spending money.
Taxpayers receive stimulus checks because it’s intended to boost consumption and drive revenue at retailers and manufacturers, in order to boost the economy.
However, there are limits as to who can get the money.
Individuals making $75,000 or less or married couples filing jointly who make $150,000 or less will get the full amount.
The total amount of the tax credit is $3,600 for children under 6 years old and $3,000 for children aged 6 to 17.
Advertisement

How do I check my 2021 stimulus payment?
Most eligible people already received their Economic Impact Payments.
However, people who are missing stimulus payments should review the information below to determine their eligibility to claim a Recovery Rebate Credit for tax year 2020 or 2021;
Securely access your IRS online account to view the total of your first, second and third Economic Impact Payment amounts under the Tax Records page.


Leave a Reply