How Much Stimulus For Dependents
As part of december s covid 19 relief bill a second stimulus check of up to 600 is going out to people earning under 75 000 a year with those on up to.
How much stimulus for dependents. 600 for each child up from 500 in the. The first stimulus payment sent out in 2020 included 500 for dependents aged 16 and younger. Both stimulus payments are subject to income requirements that kick in above 75 000 in adjusted gross income for individuals 112 500 for heads of household and 150 000 for married couples filing jointly.
Child dependents who are 17 years old the 900 billion stimulus package directs 600 to each child in a family as long as they are considered qualifying children under the irs tax code for the. The 900 billion second stimulus package passed at the end of december includes 600 payments for adults and 600 more for dependents. Over the weekend lawmakers reached a deal to pass a 900 billion rescue package that would provide a direct payment worth up to 600 to individuals including dependent children under age 17.
600 stimulus check 600 per child age 16 or under 1 400 stimulus check 600 for dependents of any age 2 000 stimulus check 600 per child age 16 or under. Adult dependents aren t eligible for the 600 stimulus check only dependent children under 17 years old are eligible for the additional 600 stimulus payment to the taxpayer claiming them on their. There was no limit to the number of children who could count as dependents as long as they were 16 or.
A family of four with qualifying income would receive a check for 8 000 for single people the payments are reduced for those with adjusted gross incomes agi. Aside from the smaller stimulus checks for adults the other major change under the bill passed by congress is the amount provided for dependent children.