NEW YORK - Congress is expected to pass a $900 billion COVID relief bill that includes another round of stimulus checks for most Americans after top negotiators reached a deal over the weekend.The direct payments are set to be $600.
That's half of the amount that was provided in the first round of checks that went out in March.The payments are subject to the same income limits as last time.
That means people who make more than $75,000 will get less, or even nothing, depending on their full income. The threshold for married couples is $150,000.Taxpayers will not have to pay the stimulus money back and it will not be taxed as income.