+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Americans who give birth at any point in 2021 will be eligible for an additional $1,400 stimulus check from the new COVID-19 relief plan

Mar 11, 2021, 03:52 IST
Business Insider
Parents will be eligible to receive an additional $1,400 check for any baby that is born in 2021 in the new COVID-19 relief package.Sara Monika/Getty Images
  • Congress passed a new $1.9 trillion COVID-19 relief bill on Wednesday.
  • Americans who give birth at any point in 2021 are eligible to receive additional stimulus money.
  • President Joe Biden is expected to sign the legislation on Friday.
Advertisement

    Americans who give birth in 2021 will be eligible for an additional $1,400 stimulus check as a part of the new COVID-19 relief package passed by Congress, according to a Democratic aide familiar with the relief legislation.

    President Joe Biden is expected to sign the "American Rescue Plan" COVID-19 bill on Friday after the House passed it on Wednesday.

    As part of the relief bill, any American earning up to $75,000 annually is eligible to receive a $1,400 stimulus check and couples making up to $150,000 will receive the full $1,400 per person, including children.

    The payments are capped at $160,000 for couples, meaning joint-filers earning more than that don't qualify for a check.

    As with the previous stimulus packages, the new relief bill includes a provision that allows any person who gives birth in 2021 to receive an additional $1,400 check for the baby. Once the baby is born, the parents can receive the additional $1,400 after filing their tax return in 2022, the Democratic aide said. They are also eligible for a smaller amount if they earn just below $160,000.

    Advertisement

    Parents will also qualify for an expanded child tax credit as a result of the legislation. For children aged 5 and below, parents can get $3,600 for each one. They can also receive $3,000 for kids aged 6 to 17. Democrats are aiming to provide families to receive the amount in a lump sum at tax time or monthly checks distributed through the IRS.

    Though GOP legislators decried the bill for a lack of bipartisanship in its drafting, recent polling shows the legislation is popular with Americans across the political spectrum.

    You are subscribed to notifications!
    Looks like you've blocked notifications!
    Next Article