July 29, 2021

Motley Fool: Stimulus Check Update: Most Americans Will Get an Average of $3,450 in Stimulus Money in 2021

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In fact, an analysis from the Institute on Taxation and Economic Policy recently revealed that the value of federal stimulus dollars averages $3,450 for the bottom 60% of earners in the U.S. That encompasses everyone making less than $65,000 per year. And this $3,450 number doesn’t even take into account the fact that the child and dependent care credit was also expanded this year.

The Institute on Taxation and Economic Policy provided not just an average for the bottom 60% of earners, but also showed how much the typical household will get at all different income thresholds.

Including stimulus checks, the expanded Child Tax Credit, and the earned income tax credit, these are the average amounts of additional income Washington D.C. is providing to people with different earning levels. Read more



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