Stimulus Check Amount Sliding Scale

Relief package includes 600 direct payment. We built a handy stimulus. The stimulus legislation includes a formula that institutes a sliding scale so that for example single taxpayers would get the full 600 if they make less than 75 000 per year.

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When And How You Can Expect Your Second Stimulus Check

With the second stimulus check each eligible adult will get up to 600 decreasing as income raises.

Stimulus check amount sliding scale. Stimulus check income limits 600 and 1 200 checks agi to receive full amount both stimulus checks. Congress approved a second stimulus check as part of another economic relief bill for an upper limit of 600 apiece and an extra 600 per qualifying child dependent. In total a family of four can expect to receive 2 400 if it meets the income requirements.

The new stimulus bill sets the income limits for a 600 second check closely to the first but comes with a few adjustments. Reduced checks on a sliding scale are available for heads of household earning up to 124 500 annually. Those earning more than 75 000 also can receive stimulus money on a sliding scale based on qualifications.

The checks phase out completely if you earn 99 000 or more the same sliding scale applies for couples earning between 150 000 and 198 000. Adults and qualifying children are both eligible for up to 600 each with the second payment. Why the income limit is lower to qualify for a second stimulus check.

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