More than 152 million stimulus checks have been issued to individuals in the last six weeks, according to data from the U.S. Treasury Department and Internal Revenue Service.
In all, the agencies distributed $ 257.9 billion in Economic Impact Payments. Uncle Sam began depositing funds into taxpayers’ bank accounts in mid-April.
The average payment came out to $ 1,809.
“Payment on the Economic Impact continues to rise at a rapid rate among Americans across the country,”; said IRS Commissioner Chuck Rettig. “We also continue to encourage nonprofits with the required filings, including those with little or no income, who can quickly register for IRS.gov payments.”
The Treasury and the IRS have released a state-by-state breakdown of stimulus payments made through the program to date.
See below for details on your state and the average stimulus payment.
California residents receive the most in terms of total cash payments. Golden State received $ 27.8 billion in compensation, distributed to about 16.8 million individuals.
Texas came in second: $ 21.6 billion distributed to about 12.4 million people. Florida rounded out the top three, receiving $ 17.5 billion distributed to over 10.6 million individuals.
Who gets the
Individuals can earn up to $ 1,200, while married couples and files can earn up to $ 2,400.
Households are also eligible for $ 500 per child under the age of 17.
The IRS determines what you will get based on the adjusted income reported on your 2018 or 2019 tax return.
Single filers with an AGI of between $ 75,000 and $ 99,000 (or between $ 150,000 and $ 198,000, if you are married and filing jointly) get smaller payments.
You do not need to have a tax return on file for the IRS to send you a check stimulus. In that case, the IRS created a site for non-filers to submit relevant taxman data.
Individuals receiving government benefits through Social Security, Supplemental Security Income, Railroad Retirement or Veterans Affairs will receive automatic stimulus payments.
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