No Stimulus Check Yet? There Is Still Additional Government Assistance
Sounds like there are not any more checks on the horizon but there are several other programs. Take a look at the article we found today and let us know what think in the comments section.
Via ibtimes.com
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Ohio mortgage programs may be able to save you hundreds every month. A new 2024 mortgage may be able to give relief to homeowners. Unfortunately, most Americans will not receive their mortgage benefits because they are not aware of some of these programs. You do not need to pay anything to check how much you could get. |
A blanket stimulus check to Americans doesn’t seem to be on the horizon anytime soon, but that doesn’t mean some Americans aren’t still eligible to get some economic assistance from the government as everyone tries to move past the damage caused by the COVID-19 Pandemic.
While Americans’ calls for a fourth payment have not resulted in another check, other assistance programs are still in effect which were part of various stimulus plans. From unemployment benefits and taxes to the child tax credit refund and homeowner assistance, there are still programs in effect that are helping those eligible.
While unemployment benefits are set to expire in September, and some states have already ended them early, those who paid taxes on unemployment income from 2020 prior to the passage of the American Rescue Plan can receive an adjustment on their tax returns—and may receive more money as a result. According to Cnet, the stimulus package made the first $10,200 of benefits of jobless benefits for single filers-or $20,400 for married couples filing jointly—nontaxable income.
Housing assistance has also been available to those struggling to make mortgage payments or pay rent. However, the most recent benefit, which has a chance to be extended several more years but is currently available through December, is the Expanded Child Tax Credit. The credit has started depositing amounts of $300 per child six and under and $250 for children between the ages of 6-17 into eligible parents’ bank accounts. That will continue on a monthly basis, though President Joe Biden does intend to pass legislation that would potentially expand it through 2025.
However, for those who are ineligible for those forms of assistance, the idea of a fourth stimulus check remains enticing—even though other signs of economic recovery have made it less likely for the money to be given to Americans.
