The Coronavirus pandemic has definitely changed the world as we know it and there are a whole lot of negative things that have come from it. However, Mom always says focus on the positives and one of the positives is this much talked about 2 Trillion dollar stimulus plan. It's great in theory and we all want to be excited about it but the info has been little to none until now. I've read a bunch of reports on this but the cnn piece below makes it super easy to understand so I thought I would share it with you. Read it and rejoice as thee is money coming your way.

Individuals are eligible for up to $1,200 and couples would receive up to $2,400 -- plus $500 per child. But the payments would start phasing out for individuals with adjusted gross incomes of more than $75,000. The amount would then be reduced by $5 for every additional $100 of adjusted gross income, and those making more than $99,000 would not receive anything. The income thresholds are doubled for married couples.

Income would generally be based on one's 2019 or 2018 tax returns.
The money will likely be deposited directly into individuals' bank accounts -- as long as they've already authorized the IRS to send their tax refund that way over the past two years. If not, the IRS would send out checks in the mail.
The White House has said they hope to begin distributing cash quickly, but it may take weeks before the bulk of payments go out.

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