Second stimulus check: Update on who is eligible to get the money

A spherical of $600 stimulus checks seems to be on the means.

Legislators settled on giving Americans half of the $1,200 that was issued beneath the CARES Act earlier this yr.

But the measurement of the examine is not the solely distinction from the first spherical of funds, in accordance to Garrett Watson, a senior coverage analyst at the Tax Foundation.

One change which will work in your favor is how a lot money you obtain for dependents.

Under the CARES Act, people had been paid $1,200 and a further $500 for any dependents beneath the age of 17. Under the new invoice, dependents will obtain the similar $600 as people, Watson mentioned.

There are just a few different key variations in how the funds are structured. Check out this video for a full breakdown of how the funds will work.

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