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How to Get Your $1,200 Stimulus Payment Direct Deposited to Your Bank Account - Building Online Business
In late March, the federal government passed the CARES Act in response to the coronavirus crisis. As part of this new legislation, individual workers, independent contractors, gig workers, and freelancers are immediately entitled to receive a onetime $1,200 payment ($2,400 for married couples) from the IRS, plus an additional $500 per dependent 16 years or younger. In order to qualify for the full amount, you have to have earned $75,000 or less in the prior year ($150,000 or less if married). Above those income levels, the stimulus payment decreases until it stops altogether for single people earning $99,000 or married
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