coronavirus bill includes checks up to $1,200 for most Americans

[tamu]

The "phase three" bill unveiled by Senate Republicans on Thursday includes rebates of $1,200 for most individuals who reported less than $75,000 on their 2018 tax returns, or $2,400 per couple who filed their taxes jointly and made less than $150,000. 

Another $500 would be added for every dependent child. Low-income Americans with at least $2,500 of qualified income, but who do not earn enough to pay income tax, get a smaller benefit of $600, or $1,200 for couples.