Stimulus check update: Family-of-four could get up to $12,800 in payments this year

A FAMILY of four could get up to $12,800 in payments this year as part of the new coronavirus stimulus package. 

It comes as a boost to millions of American families struggling to pay the bills during the pandemic.

House Democrats are aiming to pass the $1.9 trillion relief bill on Friday, before unemployment lifelines expire next month.

The current proposal includes stimulus checks in addition to enhanced Child Tax Credit – meaning families could get up to $12,800. 

Stimulus checks are worth $1,400 per adult and eligible dependent. A family of four could receive $5,600 as part of the payment. 

And the expanded Child Tax Credit would be worth $3,600 per child under the age of six. 

Meanwhile, children up to the age of 17 will receive $3,000. 

The proposals mean that a family of four with two children under the age of six would be entitled to $7,200 in addition to the stimulus check. 

Half of this credit could be given to families in July, and the other half would be delivered on a monthly basis. 

While the $12,800 figure applies to families with two children under six, those with fewer children or singles can also receive stimulus money and Child Tax Credits.

It is worth noting that you will only be available for stimulus money with an income of up to $75,000 as a single filer, $112,500 as head of household or $150,000 as a married joint filer.

Anyone with an income of up to $100,000 as a single filer, $150,000 as a head of household and $200,000 as a married joint filer can claim for payments can claim for partial payment.

Regarding tax credit, anyone with an income up to $75,000, or $150,000 for married joint filers, is eligible.

The coronavirus relief bill was designed to put money towards Covid vaccines, medical equipment, and stimulate the US economy.

In a Tuesday night tweet, Majority Leader Steny Hoyer wrote: “The House will vote on Friday on @POTUS’ #AmericanRescuePlan to end this pandemic and deliver urgently needed relief to America’s families and small businesses.

“The American people strongly support this bill, and we are moving swiftly to see it enacted into law.”