$2,000 monthly check earns more and more supporters

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$2,000 monthly check earns more and more supporters
  • The proposal of a monthly $2,000 dollar check earns more and more supporters.
  • Proof of this are the 175,000 people who have signed this petition in the last month alone.
  • Since the proposal was published, it has received a lot of support. In fact, to date it already has more than 2,795,300 signatures.

The proposal of a monthly $ 2,000 dollar check is gaining more and more supporters and proof of this are the 175,000 people who have signed this petition in the last month alone.

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During the pandemic, the federal government approved several economic stimulus packages; but just when the situation was improving, the Delta variant came and cases are on the rise again, making progress difficult and pushing more people to consider the importance of constant aid checks.

$ 2,000 monthly check earns more and more supporters

$ 2,000 monthly check earns more and more supporters
Photo: Shutterstock

Last year, Stephanie Bonin, a Denver restaurant owner, filed a petition on Change.org inviting members of the US Senate and House of Representatives to approve more help for families.

According to Bonin, the Biden administration should offer a “payment of $ 2,000 for adults and a payment of $ 1,000 for children immediately, and regular checks continued for the duration of the crisis” that has not yet ended.

Millions according to the $ 2,000 check

$ 2,000 monthly check earns more and more supporters
PHOTO Shutterstock

Since Bonin published the proposal, it has received great support from the people. In fact, to date it already has more than 2,795,300 signatures, of which 175,000 correspond to supporters who have joined in the last month.

The goal is to get 3 million signatures, which would make it one of the most signed petitions on Change.org. This request for checks of $ 2,000 per month is estimated to achieve its goal in late August or early September, if the momentum continues, he said. Newsweek.

For and against…

$ 2,000 monthly check earns more and more supporters
PHOTO Shutterstock

In favor of the proposal, more than 150 economists, 50 members of the Chamber and 21 senators have expressed themselves, who have expressed the importance of establishing direct recurrent aid for those most in need.

However, although President Biden has not been against it, he has made it clear that it is not a priority at the moment, but that they have put all their efforts to move the infrastructure plan forward and finally be approved.

“We are in times of uncertainty”

$ 2,000 monthly check earns more and more supporters
PHOTO Getty Images

Bonin said that the increase in followers of his proposal is due to the fact that “we are still in uncertain times” and added that “our country is still struggling deeply” to overcome the pandemic.

“We need immediate checks and recurring payments so we can keep our heads above water. Congress must make sure that we don’t bankrupt ourselves financially by doing our part to keep the country healthy, ”the proposal says.

How much money will I receive from the August 13 check?

Payments
Photo: Shutterstock

While some turn their attention to new financial aid proposals, others prefer to focus on receiving what has been approved by the Biden administration. Such is the case of the checks corresponding to the Tax Credit for children and is that some beneficiaries wonder how much money will I receive from the check of August 13?

The second round of expanded payments began to reach the bank accounts of approximately 39 million families this Friday August 13. This time, beneficiaries will receive $ 300 or $ 250, but some may receive more and others less.

How much money will I receive from the August 13 check?

How much money will I receive from the August 13 check?
Photo: Shutterstock

Under the American Rescue Plan, families can claim a total of up to $ 3,600 for each child under the age of six and $ 3,000 for each child between the ages of six and 17, the IRS reported.

The money will reach parents in six monthly installments, spread out from July to December, $ 300 dollars for children under six years of age or $ 250 dollars for children between the ages of six and 17. Additionally, beneficiaries will have to claim the remaining amount when they file their tax return for next year.

Receive less than $ 250

How much money will I receive from the August 13 check?
PHOTO Shutterstock

Only families that meet the income threshold will be able to receive the full $ 300 or $ 250 each month. According to the IRS, “the new maximum credit is available to taxpayers with a modified adjusted gross income (AGI) of $ 75,000 or less for singles, $ 112,500 or less for heads of household and $ 150,000 or less for married couples that file a joint return and for qualified widows and widowers ”.

But what if a person earns more than that? You will still get the help, only you will receive less quantity. “Above these income thresholds, the additional amount above the original credit of $ 2,000, whether it is $ 1,000 or $ 1,600 per child, is reduced by $ 50 for every additional $ 1,000 in modified AGI,” explained the IRS.

Receive more than $ 300 dollars

How much money will I receive from the August 13 check?
PHOTO Shutterstock

Who could get more than $ 300 this month? The IRS says not everyone received the first Child Tax Credit check they issued on July 15 due to an agency programming error and acknowledged that some taxpayers with individual taxpayer identification numbers (ITINs) were still waiting. of that first payment.

So the pending money could arrive in August. “We have worked quickly to correct this problem and these taxpayers will start receiving payments in August. All affected taxpayers will receive their July payment, ”the agency commented.

A programming error

IRS Says Not Everyone Received First Child Tax Credit Check
PHOTO Getty Images

What happened? IRS spokesman Michael Devine noted that there had been “some kind of scheduling problem” precisely with people who filed their taxes with ITIN numbers. “As soon as we identified it, we started working on it. We believe that we have solved it so that it does not happen again ”, clarified Devine.

Although they did not state how many were affected by the bug, the IRS said they would receive their full July payment. “Anyone who did not receive the payment in July will receive the full amount they could receive, but will receive it in five payments instead of six, starting with the August payment,” explained the IRS spokesman.

How to confirm if I am eligible?

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The IRS announced that they have a “Child Tax Credit Eligibility Assistant”In SPANISH, which will help families determine whether or not they are eligible for Child Tax Credit payments and an“ Update Portal ”, which will allow families to monitor and manage their Child Tax Credit payments.

“Before filing a return or using the Non-Filer Sign-up tool, families unsure if they qualify for the credit or prepayments may want to use another new tool: the Child Tax Credit Eligibility Assistant. ”Advises the agency. By just answering a few questions, you can do a preliminary check to see if they qualify for payments. This is not an enrollment tool. $ 2,000 monthly check earns more and more supporters.

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