The Senate and the House are currently working their way through approving another round of stimulus to help keep people and businesses afloat during the pandemic. Like previous rounds, it is expected to include stimulus checks paid to individuals and families. This would include $1,400 per individual, plus children and adult dependents qualify this time as well. You must have income below $75,000 if you are a single filer or income below $150,000 if you file jointly with your spouse to get the full stimulus payment. In past packages, the stimulus payment would phase out completely for a single filer who earned more than $100,000 or a married couple who earned more than $200,000. It was recently announced that the new package may have the phase out happen much faster, with single filers being completely phased out once they earn more than $80,000 and married couples phasing out once they earn more...
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