Cares Act Stimulus Who Is Eligible

The cares act sends a 1 200 stimulus check to eligible adults earning up to 75 000.

Cares act stimulus who is eligible. For older adults and retired people factors like your. This is based on 2019 adjusted gross income or 2018 agi if you haven t yet filed your 2019 tax return. Many older adults including retirees over age 65 received a first stimulus check under the cares act and will be eligible for a second one.

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. 1 eligible families receive an additional 500 for each child under the age of 17. And this group will qualify again.

According to the legislation individuals and head of household tax filers are eligible for up to 1 200 usd and married and jointly filing taxpayers are eligible for up to 2 400 usd. The payment adds another tension to those who were recently divorced or estranged. Those who do not qualify include non resident aliens dependents and estates trusts.

Couples earning up to 150 000 will receive 2 400. If you fall within the adjusted gross income agi thresholds shown below have a social security number or adoption tax identification number you are eligible for a stimulus check payment. Qualified children under 17 can increase the amount you re eligible to get by 500 per child.

Only the parent who claimed the child as a dependent on their taxes is eligible for the 500 stimulus payment.