Some 80 million people must have received their federal aid ‘check’ on Wednesday to face the impact of the pandemic of coronavirus in his personal finances, according to Treasury Secretary Steven Mnuchin. It’s $ 1,200 dollars ($ 2,400 for married couples, plus $ 500 for each minor child) that can mean relief at the time of pay the mortgage or lease or buy food, especially if you lost your job in the midst of the unprecedented crisis.
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Those who have had incomes of up to $ 75,000 per year in 2019 or 2018 will receive the ‘check’ in its entirety. Also the beneficiaries of Social Security or the railroad retirement will obtain the money through a deposit to their bank account, if the Internal Revenue Service (IRS) already had your information. If not, eligible individuals will receive the physical ‘check’, but this could take several more weeks.
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If you have any questions about your finances or would like to share your story with us, you can write to me at [email protected].
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