What to expect in the next $1200 stimulus check: This is a second round of economic impact payments structured identically to the rebates sent to taxpayers in the spring. It would provide $1,200 for single taxpayers and heads of household, $2,400 for those married filing jointly. The credit will phase out identically to the first round, at 5 percent per dollar of qualified income above $75,000 for singles, $112,500 for heads of household, and $150,000 for joint taxpayers.
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