Here’s the second stimulus check update for June 6th and if the HEREOS Act is passed then how much could I get?
First off for those who are not familiar with 2 of the Top issues that both parties of Congress are having a steady issue with finally issuing the second stimulus check?
They are the CARES Act and the HEREOS Act.
The amount of money any single, married, or head of household filer would receive for the CARES Act was a maximum of $1,200 to single filers and $2,400 to the latter two groups depending on the adjusted gross revenue from either their 2018 or 2019 tax returns.
The HEREOS Act differs from its forerunner in 2 types.
Those who have a taxpayer identification number would be eligible for either a direct bank deposit, check, or preloaded debit card. Under CARES, only those with a social security number were eligible.
Under HEROES, filers would receive money for up to three dependents of any age. With CARES, dependents only counted if they were under 17 years old.
Here’s the calculator
As for the update status of the second stimulus check being issued?
Zack Friedman, Founder & CEO of Make Lemonade. He’s also Contributor writer to Forbes – he wrote the following article yesterday which is starting to make more since IF Congress doesn’t get their ego checked.
He wrote the following-
Will There Be A Second Stimulus Check?
While the excitement may be building for a second stimulus check, there hasn’t been any concrete action in the Senate. Senate Majority Leader Mitch McConnell said the next stimulus bill be the last stimulus bill and it will be smaller than the CARES Act. The CARES Act is the $2.2 trillion stimulus package that included the first stimulus check of up to $1,200 for each individual and $500 for each dependent. While the House approved the Heroes Act, an ambitious $3 trillion stimulus bill with a second stimulus check of up to $1,200 for each individual and $1,200 for each dependent (up to three dependents), the bill has been called “void on arrival” in the Senate. When will the Senate vote on the Heroes Act? The Senate likely won’t vote until later this month or early next month on a new stimulus bill.
Zack Friedman, Founder & CEO of Make Lemonade
Book located on Amazon:
The Secrets to Happiness at Work | Zack Friedman | TEDxRochester
1. Subscribe to my Youtube channel and TURN ON the notification bell🔔 👉 https://www.youtube.com/channel/UCiuz8Hk0h2aLi-MMgWuxdFw?sub_confirmation=1 2. Turn on the notification bell