With more than 25 million cases confirmed nationwide as of late January 2021, COVID-19 remains a serious public health crisis. To address the economic fallout, Congress has approved rounds of stimulus payments. As noted by the Internal Revenue Service (IRS), the first stimulus payment was for up to $1,200 to qualifying individuals. The second stimulus payment was up to $600 for qualifying individuals. It is possible more stimulus payments will be approved in 2021.
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