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Senate stimulus deal includes individual checks -- but don't expect the money right away

Qualifying income levels will be based on 2019 FEDERAL TAX RETURNS, if already filed, and otherwise on 2018 returns.


There are provisions in the bill to include those who don't earn enough to file returns, but some MAY BE MISSED. Under the legislation, lower- and middle-income Americans would receive just over two-thirds of the benefits, Gleckman said.


Americans might receive the stimulus payments slightly faster than in 2008 because more of them now file electronically and provide the IRS with their bank information, Gleckman said. Some 88% of individual returns were filed electronically in 2018, compared with 58% in 2008.


https://www.cnn.com/2020/03/25/politics/senate-deal-stimulus-checks-coronavirus/index.html


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