No one knows how long Texans will be forced to stay home, or how long it will take businesses to get back on their feet. But even Texans who’ve been furloughed or laid off are still expected to pay rent and medical bills, and need to buy groceries. For those juggling many financial obligations, deciding how to spend impending stimulus checks from the federal government isn’t an easy choice. This month, the Internal Revenue Service and the U.S. Treasury will begin distributing checks to individuals making less than $99,000 and married couples making less than double that. Those making $75,000 or less individually will receive $1,200, and married couples making $150,000 or less combined will get $2,400, with gradual deductions as income rises above those…View Original Post
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Source: Texas Monthly