Will I need to apply for the rebate or is it automatic?

The economic stimulus payment rebate in the US is automatic, and you do not need to apply for it. The Internal Revenue Service (IRS) will determine eligibility based on your 2020 tax return or, if not filed yet, on your 2019 tax return. Individuals who meet certain income requirements will receive the rebate directly into their bank account or via a check in the mail. The amount of the rebate will vary depending on factors such as income, filing status, and number of dependents. For most eligible individuals, there is no need to take any action to receive the payment. However, it is important to ensure your tax information is up to date and filed accurately to ensure you receive the rebate promptly.