New Stimulus Income Limits
The new stimulus bill sets the income limits for a 600 second check closely to the first but comes with a few adjustments.
New stimulus income limits. 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. As with the first direct payment under the cares act the income limits.
The stimulus checks as they re known will go to individuals with an adjusted gross income of up to 75 000. Not only is the second round of coronavirus stimulus checks worth less than the first payment but the income limits are also less generous than they were under the coronavirus aid relief and. Last week president elect joe biden introduced a 1 9 trillion stimulus package that if passed as is would include a 400 weekly unemployment bonus extend the federal eviction ban and approve a.
Married couples with an agi of up to 150 000 would get 1 200 and dependent children. As with the first direct payment under the cares act the income limits. With the amendment proposed by bernie sanders and josh hawley on 10 december which threatens to prevent the senate breaking for christmas unless another round of 1 200 stimulus checks is agreed.