Photo: marekuliasz (Shutterstock) Congress passed a second COVID-19 relief bill Monday, which includes one-time direct payments that total up to $600 per individual. But how soon will people receive their checks? Here’s what you need to know about direct payments and when you’ll receive them. Who qualifies, and for how much? American adults earning less than $75,000 in annual gross income will receive a $600 check, and couples who earn less than $150,000 will receive $1,200. IRS filers listed as “ head of household ” and who earned $112,500 or less will also get $600. Dependents under 17 also qualify, and the amount is actually $100 higher than the previous relief check, now $600 instead of $500. This means that a family of four that’s under the earning threshold could receive as much as $2,400. If your income exceeds the threshold, payments will be reduced by $5 for every $100 (or 5%) of your adjusted gross income over those thresholds, per CNBC . The closer you get to $99,000 for individuals and $198,000 for couples, the less money you’ll get. Use this calculator to get an estimate of how much money you’ll receive. In addition to income thresholds, to qualify for payments you have to be a U.S. citizen, permanent resident or qualifying resident alien (undocumented residents are not included), not be a dependent of another taxpayer, and have a social security number that’s valid for employment. How will the checks be sent? Most Americans won’t have to do […]