People residing in the United States of America may get New Stimulus Checks from their government. The United States Government has dispensed different stimulus checks to its citizens to avail them of financial aid.
This benefit will only be provided on the dates issued by the department. People possessing income below the limit and meeting the other necessary criteria will be able to receive this benefit.
New Stimulus Checks Payment in December 2024
These stimulus checks, also known as economic relief packages, provide immediate relief to the citizens. During the COVID-19 pandemic, the department has offered three rounds of stimulus checks to their vulnerable citizens.
As we know, many people have faced financial hardships due to low income and increased expenses. But later, the IRS discontinued the stimulus checks in December 2021 after successful distribution among citizens. In 2024, people expect to receive New Stimulus Checks from the authorities to manage their rising cost of living.
Stimulus Checks Overview 2024
| Authority | Internal Revenue Service(IRS) |
| Country | United States |
| Benefit | Stimulus Checks |
| Objective | Financial Assistance |
| Month | December |
| Year | 2024 |
| Category | Government Aid |
| Official Website | https://www.irs.gov/ |
New Stimulus Checks Details of Program
Qualified people have received three stimulus checks from the government’s Internal Revenue Service Department.
- In March 2020, individuals received a first round of stimulus checks of $1200 for individuals and $2400 for married couples.
- Then, the second stimulus check, whose payments were also made in 2020, was an amount of $600 for singles and $1200 for married couples filing taxes together.
- The final round or third round of stimulus checks, which was made in 2021, gives an amount of $1400 for singles and $2800 for married couples.
- After the 2021 payment distribution, the department discontinued the program, and no new deposit checks have been offered to the citizens.
New Stimulus Checks Payment Dates
People expect that authorities will offer New Stimulus Checks in December 2024 to help residents balance their budgets. However, they need to know that stimulus checks are only provided on schedules the IRS department shares.
The Internal Revenue Service department has yet to release any official confirmation related to the distribution of benefits among citizens. We can’t confirm any news about such benefit distribution among eligible citizens.
New Stimulus Checks Eligibility Criteria
American residents who are interested in receiving the benefits of New Stimulus Checks, citizens need to meet the eligibility criteria. The IRS department has created eligibility criteria for citizen benefits.
- All the applicants should be living in the United States of America and have permanent citizenship.
- Individuals should have an annual income of less than $75,000, which is increased to $80,000, to receive the stimulus benefits.
- Married couples who are qualified law partners and have filed their taxes combined need to satisfy the income limit of $150,000, which is also increased to $160,000 to receive payments.
- Heads of families who are sole earners need to meet the income limit, which is increased to $120,000, to receive the benefits of stimulus checks.
- All applicants should have paid their previous years’ taxes before the deadline.
- Applicant should not be dependent on another person’s application.
Current Updates on New Stimulus Checks
The information about the distribution of New Stimulus Checks among eligible residents is a rumor as it is unreliable. No stimulus checks will be offered among eligible taxpayers of America in 2024.
The IRS has already made a clear statement about not distributing stimulus checks in 2024. So, citizens need to be aware of such fake rumors and not develop any hope that might hurt them in time.
FAQs
Is there any chance of distribution of new stimulus checks?
No, there is no chance of distribution of new stimulus checks.
Who will be eligible to receive the payment for the new stimulus checks?
Citizens who have paid their previous year’s tax return to receive benefits.
Are these new Stimulus Checks benefits reliable?
No, no confirmation has been made from the government’s end.