In a series of tweets tonight, Treasury Secretary Stephen Mnuchin confirmed that the US Treasury has delivered a payments file to The Fed for “Americans’ Economic Impact Payments.”These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week.Paper checks will begin to be mailed tomorrow.Eligible individuals will receive an Economic Impact Payment of up to $600 for individuals or $1200 for married couples and up to $600 for each qualifying child.Generally, if you have adjusted gross income for 2019 up to $75,000 for individuals and up to $150,000 for married couples filing joint returns and surviving spouses, you will receive the full amount.
Source: Mnuchin: COVID Relief Checks In The Mail Tomorrow, Direct Deposits Start Tonight | ZeroHedge