Archive: COVID legislation
Major Provisions in the American Rescue Plan Act of 2021 $1.9 trillion(enacted March 11, 2021) Summary Prepared by the Center for Retirement Research at Boston College Direct Payments to Individuals Single tax filers with earnings up to $75,000 ($150,000 for joint filers) will receive a one-time payment of $1,400 ($2,800 for joint filers). The payment…
$900 billion(enacted December 27, 2020) Summary Prepared by the Center for Retirement Research at Boston College Payments to Individuals Single tax filers with earnings of up to $75,000 ($150,000 for joint filers) in 2019 will receive a one-time payment of $600 ($1,200 for joint filers). The amount will be reduced for those who earned mor…
