Congress has agreed on a second round of stimulus checks worth up to $600 - Business Insider

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The bill still requires approval from Congress and the president, but payments of up to $600 may hit Americans' bank accounts as early as next week

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.More stimulus checks are expected to reach Americans soon, but they're worth half the amount paid to people earlier this year.Congressional leaders agreed to a new round of coronavirus relief on Sunday. It includes the stimulus payments, and it still requires sign-off from both houses of Congress and the president.

On Sunday, Congressional leaders agreed to a $900 billion bipartisan coronavirus relief package that includes, among other things, a . The bill must be signed by both houses of Congress and the president to become law,which is expected to happen on Monday. Single tax filers are expected to receive stimulus checks worth up to $600, while married filers can get up to $1,200. reported on your most recent tax return. As with the first round of stimulus checks, nonfilers and Americans who receive federal benefits will get the maximum amount. For typical taxpayers, checks are reduced above a certain income.

According to reporting by Business Insider's Joseph Zeballos-Roig, a $600 check will go to single filers with an AGI

 

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