Millions of Americans -- around 36 million, according to the IRS -- are getting a gift from Uncle Sam later this week. It will come in the form of a long-awaited new stimulus payment, with the checks set to arrive on July 15 totaling, at a minimum, a few hundred dollars. Even better: These new stimulus payments will also be the first in a recurring series.
Americans have received three separate stimulus checks so far since the onset of the coronavirus pandemic. What's coming this week, however, is something different. It's not technically a fourth stimulus check. Rather, this week's stimulus payment is actually an advance payment of a federal tax credit. Albeit, one that's broken up into six monthly checks that recipients will get through December. Read on for the full details of what's coming, and when.
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36 million families are getting a new stimulus payment this week originally appeared on BGR.com on Mon, 12 Jul 2021 at 13:22:37 EDT. Please see our terms for use of feeds.
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