$2000 Stimulus Check May 2024, Know Eligibility & Payment Date

The recipients of the Economic Relief Package are receiving the stimulus check payment from the Internal Revenue Service and the US federal government. The US Federal Government provides an income assistance stimulus check, and in addition to the financial support, the benefits refund is also provided.

The recipients of the Low Income Group will get the stimulus check payment. It was previously reported that the government has ceased issuing stimulus checks, but there has been no update on this.

$2000 Stimulus Check May 2024
Source: investbihar

Low-income residents have been facing severe financial hardships, and it is common to witness them tormenting over whether to pay for their rent or medical expenses. All people who will receive the payout are those who 60 above age.

The beneficiaries who satisfy the specified conditions will get a stimulus check for $2000, which will be released in May 2024. May 2024 will see the distribution of the $2,000 stimulus check to those who have reached 65 years of age; however, in order to receive the stimulus check payment, income requirements must be satisfied.

The amount of the payment varies depending on the state and will be transferred directly to the individuals’ bank accounts. The residents have previously received two stimulus check payments; however, the recipients are currently waiting on the fourth one.

State Wise Stimulus Check Amount 2024

State  State Wise Stimulus Check Amount 2024
Arizona $2000
California $600 to $1200
Colorado $375
Maine $850
Missouri $250

$2000 Stimulus Check Fact Check 2024

The payment will be made directly to taxpayers who are 65 years of age or older as a one-time benefit.

The fourth stimulus check, which will be given to seniors in May 2024, will stimulate the economy since more money will flow into the accounts of the elderly.

States like Alabama, New York, Virginia, California, and others have verified that the payment has been made.

Each state provides a different amount for the stimulus check. The Stimulus cheques are available to a number of particular organizations, and their payment will come from paychecks.

The IRS is anticipated to send the beneficiaries their money shortly.

Who Will Get a $2000 Stimulus Check 2024?

1. It is required that the grantees live in the United States of America.

2. The recipients cannot be younger than 65 years old.

3. Income taxes must be paid by the recipients.

4. The AGI for single taxpayers will be up to $75,000.

5. The households’ AGI is limited at $112,500.

6. The AGI of married couples filing jointly cannot exceed $150,000.

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