The suspense is finally over! After the much-awaited election results, Joe Biden is the newly elected president of America. Sadly, this cannot be said about the Stimulus Check 2 status. The suspense is not likely to end anytime soon.
There are rumors that the Republican-led Senate will stand up, tall and strong for a check having less figure, as against the Democrats who favor a heavy amount.
Nobody knows about the date or month of the release of the stimulus check 2. That is not it, people are also not aware of the requirements to fulfill in order to receive one.
List Of Facts Vs Myths Concerning The Stimulus Check 2
Let us look into the myths first-
1. The stimulus money you receive can be taken by debt collectors if any such situation arises.
2. The time that was taken to receive your stimulus check 2 will be the same as it did to receive your first check.
3. The amount that you will receive in the second payment if you get qualified, will be the same as your first payment.
4. Your taxes must be filed by you in order to receive the stimulus check 2.
Now the facts-
1. The order of receiving the check is determined by the IRS.
2. Only the selected ones will receive the stimulus check 2.
3. The second stimulus check comes with some newly introduced eligibility with a number of rules and exceptions to follow.
4. The formula for calculating the stimulus check is very complicated.
These points will surely satisfy parts of your stimulus check 2 concern, if not the entire concern.