Will you get another stimulus payment in 2023?

hindkunj.com

CREDIT GETIMAGE

A total of more than $3,000 worth of stimulus checks were issued amid the economic downturn in 2020 and 2021.

CREDIT GETIMAGE

But while individual states have opted to issue checks, there appears to be no momentum for the federal government to approve additional stimulus payments.

CREDIT GETIMAGE

Congress has not passed any legislation authorizing a fourth stimulus check.

CREDIT GETIMAGE

Many pandemic-era programs, such as the expanded Child Tax Credit, have been eliminated.

CREDIT GETIMAGE

In order to receive the fourth stimulus payment, President Joe Biden's signature would be needed to pass the legislation.

CREDIT GETIMAGE

But at this point, plans for additional federal stimulus checks in 2023 don't seem to be happening.

CREDIT GETIMAGE

The IRS issued three stimulus payments of $1,200 in April 2020, $600 in December 2020 and $1,400 in March 2021.

CREDIT GETIMAGE

However, efforts are still on to restore the payment.

CREDIT GETIMAGE

Next steps

Will you get another stimulus payment in 2023?

3

share the story

A

click here for more information