Second Stimulus For Individuals

The second stimulus payment which is being sent out now under the 900 billion bill passed in december allocates up to 600 per qualifying american adult and 600 for the dependents listed on. What s the income limit for the second stimulus check. The maximum amount for this second round of stimulus checks is 600 for any eligible individual or 1 200 per eligible couple who file taxes jointly.

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Single people earning over 87 000 the second round of checks will have the same type of income phaseouts as in the cares act with the stimulus check payments reduced for earnings above 75 000.

Second stimulus for individuals. For a family of four that would include 600 for each eligible dependent or 2 400 in total. The second stimulus checks would be phased out entirely for single people earning over 87 000 or married couples earning more than 174 000 compared with the cares act s phaseout for single. As in march individuals with an adjusted gross income agi of up to 75 000 are eligible for the full 600 payment decreasing in increments.

In the first round adults were eligible for 1 200 and dependents were eligible for 500.

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