$40K Income Cap Stimulus Check ProposalSenate Majority Leader Mitch McConnell has expressed support for sending the next round of stimulus payments to people who make $40,000 per year or less. Under the CARES Act, individuals who made up to $75,000 received the full stimulus amount, while the stimulus payments gradually phased out for higher-income earners. Use this second stimulus check calculator to determine how much money you would receive if this act was signed into law. The HEROES Act Stimulus ProposalThe House of Representatives passed the HEROES Act in May as a second stimulus package, but it has not passed the Senate. Use this HEROES Act stimulus calculator to determine how much money you would receive if this act was signed into law.

Source: Forbes July 21, 2020 16:07 UTC