Wild says stimulus money could be coming as early as next week

Written by on March 11, 2021

Wild says stimulus money could be coming as early as next week

By  Ben Stemrich

March 11, 2021

Liam James Doyle/NPR

The COVID relief package has passed in Congress and is now on its way to President Joe Biden’s desk to be signed.

Listen to the story.

U.S Rep. Susan Wild (D-Lehigh) points out some key things to know.

If you made under $75,000 a year, you could have a $1,400 stimulus check coming your way. And if you had had a change of circumstance in 2020, Wild says it’s in your best interest to make that known as soon as possible. 

“They lost their job, or their income dropped precipitously. It’s really incumbent upon them to file their tax returns very quickly for 2020 because that information is used to determine their eligibility,” Wild says. 

And if you had a child in the past year, Wild says, it’s especially important to file on time.

“I mentioned a dependent child being born because that’s another round of payments. People really need to be conscientious of that and get their taxes done,” she says. 

Under the relief package, the child tax credit will go from $2,000 to $3,600 and will come in monthly payments instead of annual ones.

President Biden is expected to sign the bill into law on Friday, which means checks could start going out as early as next week, Wild says. 

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