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Many eligibility restrictions have stayed the same.
First round of stimulus check requirements. The checks are worth 600 for individuals whose gross adjusted income was under 75 000 in 2019 and couples who earned under 150 000 the same income requirements as the first round of checks. Since the extended tax deadline is july 15 this should not be an issue for the second round. If you are not required to file taxes because you have limited income even if you have no income you are still eligible for payment.
Many americans are not required to file a tax return but they did. So if you received a first stimulus check based on your 2018 return and your income went up in 2019 you could see a reduced or no stimulus payment. How to use the 1 200 stimulus calculator the cares act allowed americans to claim child dependents for 500 each as long as they re 16 years old or younger that is under 17 years old.
A number of factors caused delays with the first stimulus check some that could happen again and some that might not. Millions more can expect to receive theirs in the. People who weren t required to file a federal income tax return in 2018 or 2019 may still be eligible to receive the first stimulus check under the cares act.
For one thing the irs was trying to distribute the first round of stimulus checks while simultaneously processing 2020 tax filings. Although the amount on offer has halved since the first round of stimulus checks was agreed last march many of the eligibility requirement have remained the same however there are a few changes. Have an adjusted gross income below a certain amount that is based on your filing status and the number of qualifying children under the age of 17.
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