Congress has passed and the President has signed legislation providing a new round of Covid-related economic stimulus payments to Americans. Single taxpayers with incomes less than $75,000 and married couples with a combined income of less than $150,000 will receive $600 per taxpayer. Families with dependent children under age 17 will receive an additional $600 per child. As in the past, social security recipients who are not required to file a tax return will also receive the economic stimulus payment. According to the IRS, no additional action is required on the part of any taxpayer to receive these payments. The US Treasury will begin direct deposit around the middle of January.