St. Petersburg, FL – U.S. Representative Charlie Crist (D-FL) announced today that many Floridians who receive Veterans’ benefits could expect Economic Impact Payments of up to $1,400 to hit their bank accounts beginning this week. Millions of Floridians have already received Economic Impact Payments as part of the American Rescue Plan that Rep. Crist helped pass.
The latest round of payments applies specifically to veterans and their beneficiaries who receive Compensation and Pension (C&P) benefit payments and who don’t normally file a tax return.
Most payments will be automatically deposited into banks accounts or loaded onto the Direct Express cards where veterans receive their benefits. Those waiting on paper checks or debit cards through the mail should expect to receive their payments over the next several days.
In most cases, these payments are automatic and no action is necessary to receive them. Congressman Crist encourages all Floridians to use the “Get My Payment” tool from IRS.gov to check the status of their payments and make sure they receive the money they are owed.
“Help is here, and we want to make sure that Florida veterans get the money that is rightfully theirs,” said Rep. Crist.
In total, 89 percent of Florida adults are expected to receive Economic Impact Payments of up to $1,400 per person through the American Rescue Plan.
How ManyFloridians Will Get Payments:According to the White House, more than 14 million adults and 4.9 million children in Florida are eligible to receive payments of up to $1,400 per person through the American Rescue Plan. That means 89 percent of all Florida adults and 89 percent of all Florida children are set to receive payments.
Who is Eligible for Payments:Individuals earning up to $75,000 annually, heads of household earning up to $112,500 annually, and couples earning up to $150,000 annually will receive the full $1,400 per person, for themselves and their dependents. After that, the checks begin to phase out, with payments stopping at individuals earning $80,000 in annual income, heads of household earning $120,000 in annual income and married couples earning $160,000 in annual income.
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