(WENY) – Friday, President Donald Trump signed the historic two trillion dollar stimulus package into law to help provide aid to Americans and businesses facing financial hardship during the pandemic.

The legislation will give single adults who make less than $75,000 a year a one time check for $1,200. Married couples who filed jointly will receive $2,400 if they make less than $150,000; families will receive $500 for each child.

According to AARP, the check for individuals will shrink by $5 for every $100 earned over $75,000. Reductions will also happen for couples who filed jointly if they make over $150,000.

Individuals who get paid more than $99,000 a year or couples who jointly earned more than $198,000 will not receive checks.

As WENY News reported, New York Congressman Tom Reed confirmed Social Security and disability recipients are also eligible for the stimulus check. According to AARP, if you didn't file taxes in 2018 or 2019, the IRS will use data available from your annual Social Security benefit statement.

Those who not receive Social Security benefits and also don't file taxes because their income is too low will need to file a 2019 tax return to receive a stimulus check. AARP has listed this IRS Free File program as a way for low-income taxpayers to file their tax returns online for free.

Federal officials have said they are hoping to begin sending out checks to Americans within the next several weeks; however, they have not specified a date. The check will either be mailed or directly deposited into your bank account if the IRS has that information.