Data indicates that around 40 percent of the deposits so far were for $1,200, although some were higher.
Americans eligible for the coronavirus economic stimulus package have started seeing payments arrive in their accounts. The one-time payment from the U.S. Treasury looks to help ease the pressure from the huge economic downturn as a result of the coronavirus outbreak.The Wall Street Journal
Sopp said Current's data indicates that around 40 percent of the deposits so far were for $1,200, although some are as high as $4,700 depending onThose eligible for the payments received a minimum of $1,200 if they earn less than $75,000. Married couples filing jointly who earn up to $150,000 can receive a joint payment of $2,400, with additional payments of up to $500 available to those who live with children under the age of 18.
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