Student stimulus: $1,400 checks sneak past adult dependents

15 Mar 2021 xaviernewswire

By: Mo Juenger, World News Editor President Joe Biden signed the $1.9 trillion America Rescue Plan into law on Thursday, prompting taxpayers to relook at those who will receive a check. Adult dependents, a category which largely contains students between the ages of 19 and 24 whose relatives pay more than 50% of their income, are eligible to receive up to $1,400 in stimulus aid. The IRS will send this check, via mail or direct deposit, to the person who claims the adult dependent on their taxes. This means that a college student or adult dependent will not receive the … Continue reading Student stimulus: $1,400 checks sneak past adult dependents

U.S. & World News

Stimulus check update: What are we really getting?

1 Mar 20211 Mar 2021 xaviernewswire

Column: Will’s Business Corner Written By: Will Pembroke, Multimedia Show Manager Within the past year, much debate has surrounded the role of state and federal governments in supplying economic aid to those in need who are suffering as a result of the COVID-19 pandemic. As of today, there have been two economic stimulus packages passed, providing $1,200 and $600 individual stimulus checks, respectively. Each of the two packages passed so far have also approved billions of dollars in funding to small businesses, primarily by way of Payment Protection Program (PPP) loans. These PPP loans are designed to help businesses keep … Continue reading Stimulus check update: What are we really getting?