2021 – 03/01 A $1.9 trillion COVID-19 relief package was passed by the House on Feb. 27 and is now with the Senate. It includes direct payments of $1,400 to eligible individuals and each qualified dependent. Payments start to phase out at $75,000 in income for individuals and go to zero for individuals making $100,000. Also included: an expanded child tax credit, which would give eligible families up to $3,600 per child over a year; rent payment relief; enhanced unemployment benefits; K-12 school and higher education reopening assistance; money for COVID-19 vaccines and testing; $350 billion in state, local and tribal government relief; and much more. We’ll keep you updated about the bill’s status.
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