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In the first round of stimulus checks payments phased out at 198 000.
First stimulus check income limit. The new stimulus bill sets the income limits for a 600 second check closely to the first but comes with a few adjustments. To get the full 600 amount a person can t earn more than 75 000 in 2019 or 150 000 for couples. First stimulus check upper income limit agi single tax filer.
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. Dependent children qualify for their own 600 payments unlike the first round of stimulus checks. This means your stimulus check will get reduced by 5 for every 100 more in adjusted gross income that you have above 75 000 individual single filer 112 500 head of household and 150 000.
Here are all the details you need. This story has been. On thursday president elect joe biden introduced a 1 9 trillion stimulus package that would include a new stimulus payment for up to 1 400.
As with the first direct payment under the cares act the income limits.
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