Congress has passed a COVID-19 relief bill that will provide a second round of stimulus checks to millions of Americans as soon as next week — assuming President Trump doesn't veto it.
But not everyone is eligible for those direct payments.
Many students, for instance, don't qualify. Neither do immigrants who don’t have a Social Security number. Some elderly and disabled people won’t get a check either, along with high-wage earners.
The payments, which aim to give Americans a quick cash infusion, will be distributed if Trump signs the bill into federal law. That routine signing was upended late Tuesday when the president criticized the bill and urged Congress to increase the stimulus checks to $2,000 from $600, although he stopped short of threatening to veto it.
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Here’s who will be left out once the checks start arriving:
High-wage earners
If your income is too high, you won’t get a check. The payments are phased out for Americans at income thresholds based on their 2019 tax returns.
For instance, individuals earning up to $75,000, and couples making less than $150,000 will receive the full, one-time amount of $600, which is half the value of the first round of $1,200 checks issued under the CARES Act in March. The amount drops by $5 for every $100 of income above those income thresholds. It will phase out completely at $87,000 for individuals and $174,000 for couples.
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