Stimulus Check Eligibility First Round

For a family of four that would include 600 for each eligible dependent or 2 400 in total.

Stimulus check eligibility first round. This excludes roughly 13 5 million adult dependents from. For the first round of payments the total amount of your stimulus check was based on your adjusted gross income or agi from your 2019 federal tax filing or if you haven t filed this year your. The base amount of first round stimulus checks under the cares act was 1 200 i e the amount paid before adding the extra payment for children or applying the phase out rules.

As with the first stimulus check children age 17 and above and dependent adults will not be eligible for the 600 dependent payout. If your agi is below this amount you ll qualify for the full 1 200 per person stimulus payment. This excludes roughly 13 5 million adult dependents from.

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. In the first round adults were eligible for 1 200 and dependents were eligible for 500 individuals who reported adjusted gross income agi of 75 000 or less on their 2019 tax returns will receive the full 600 150 000 or less agi for couples. Individual tax filers with adjusted gross income up to 75 000 up to 150 000 for married couples filing joint returns received the full payment.

The first round of stimulus checks allowed payments to be sent automatically based on income reported on 2018 tax returns as well but this time the irs is only using 2019 income information. Guidelines for the first stimulus check. 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 per single person or 150 000 per.

As with the first stimulus check children age 17 and above and dependent adults won t be eligible for the 600 dependent payout. Stimulus check eligibility adjusted gross income agi ranges.