Limits For Stimulus Check
In the first round of stimulus checks payments phased out at 99 000.
Limits for stimulus check. The 1 400 stimulus check however seems to have broader bipartisan support. These are the income limits to be eligible for the 600 stimulus check published mon dec 21 2020 4 57 pm est updated mon dec 21 2020 6 45 pm est alicia adamczyk aliciaadamczyk. To get the full 600 amount a person can t earn more than 75 000 in 2019 or 150 000 for couples.
People earning up to 87 000 and couples earning up to 174 000 would get a stimulus check. You are ineligible for stimulus payment if you earn more than the income limit. As with the first two stimulus checks the total per person limit isn t necessarily what you d get in a final payment.
Estimate your household s total with a 1 400 check. The stimulus check including whether you get one and how much your stimulus check is for is based partially on your adjusted gross income on your 2018 or 2019 federal tax return. Some things changed with the second stimulus check and the per person total is one of them that s a 600 maximum for each adult down.
People who file taxes as heads of household and earn up to 112 500 are eligible for the full 600 payment. Adults and qualifying children are both eligible for up to 600 each with the second payment. Income limits for stimulus checks.
With the second stimulus check each eligible adult will get up to 600 decreasing as income raises. How that 600 per eligible person cap could disqualify you. That applies to anyone whose reported adjusted gross income for tax years 2018 or 2019 was at least.
The 600 per person payments are part of the stimulus bill.