IF the HEROES Act does get passed, will you qualify for this next round of relief money?
Here's the good news: If you received a stimulus check the first time around, you will most likely be receiving one again in the second round, the same income limits apply. Single taxpayers with maximum adjusted gross income of $75,000 will be eligible for a second stimulus check, as well as married couples who file their taxes jointly with a total household income of no more than $150,000 (according to the IRS)
This round of stimulus checks will also expand payments for families with children or dependents. While the original round of stimulus checks only provided $500 per child, it's reported that the HEROES Act will disperse payments of $1,200 per child. This time children between the ages of 17 and 18 will also be included. College students who are still claimed as dependents by their parents can also qualify for relief payments this time around, as well. We shall see if this thing passes.