Economic Relief 2024 Application. After months of prolonged negotiations, with a government shutdown looming, congress has settled on a $900 billion coronavirus relief deal that includes $600 direct payments for individuals and. With a focus on alleviating the burden of rising prices and interest rates, this tax relief package is a vital step towards fostering a healthier economy and creating greater opportunities for all.
Starting in march 2020, the coronavirus aid, relief, and economic security act (cares act) provided economic impact payments of up to $1,200 per adult for eligible individuals and $500 per qualifying child under age 17. The recovery rebate credit is a refundable credit for individuals who did.
