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The phaseout structure is still the.
New stimulus package income limit. As with the first direct payment under the cares act the income limits. To get the full 600 amount a person can t earn more than 75 000 in 2019 or 150 000 for couples. The new stimulus bill sets the income limits for a 600 second check closely to the first but comes with a few adjustments.
Here s what is in the stimulus package. The stimulus checks as they re known will go to individuals with an adjusted gross income of up to 75 000. Married couples with an agi of up to 150 000 would get 1 200 and dependent children.
A new law passed by the house this week would increase the full stimulus check amount to 2 000 or 1 400 on top of the 600 already approved for most people. 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.
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