2024 Stimulus Check. The irs sent economic impact payments of $1,200, $600 and $1,400 to tens of millions of americans in 2020 and 2021. Michigan tax credit checks have been sent to more than 700,000 families since the state’s expanded working families tax credit became effective in february.
While you may have heard them referred to as stimulus checks, the economic impact payments were, for the most part, direct deposited into bank accounts or sent. 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.