Emergency Economic Aid
As part of the CARES Act, the federal government will distribute $1,200 to every adult with an income less than $75,000, with those earning up to $99,000 receiving smaller, prorated amount. Families are also entitled to $500 per child. There are a number of online calculators that help figure what you would receive, including this one created by ABC News. It is expected that the first payments will be made in April and will be distributed electronically to the account linked to your most recent tax filing. For Grand View students who are claimed as a dependent on their parents’ tax returns, they will not receive a rebate. Those students filing their own taxes, and meeting the income qualifications, should expect a payment.
If you do not file taxes, your payment will be delayed. Direct deposits have already been made to many income tax filers who had a direct deposit account on file with the IRS. If you do not file taxes, but meet the qualifications for the program, you can follow the instructions on this website to submit account information to get your check direct deposited. https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here?fbclid=IwAR1z_h63PlFg4bK9gxfnRkev1qdt11r9hqJRsMN-_r-sBS10asecfSJcxRE
- Unemployment benefits finder: https://www.careeronestop.org/LocalHelp/UnemploymentBenefits/find-unemployment-benefits.aspx?newsearch=true
Iowans who are eligible for state unemployment may also be eligible for $600 per week from the federal CARES Act
Applications are completed online and eligibility information is mailed via US Postal Service
If approved, payment is made from the date of application, so it is important workers apply as soon as they become aware their situation may reflect the expanded eligibility criteria. If a worker is not eligible, there are no repercussions for applying. However, if a worker is eligible, waiting to apply only delays payment.