Stimulus Bill Married Couple

But if their agi is greater than 150 000 then their entire 2 400 credit will be phased.

Stimulus bill married couple. With the second stimulus check each eligible adult will get up to 600 decreasing as income raises. The legislation would be retroactive to march 2020. Adults and qualifying children are both eligible for up to 600 each with the second payment.

As an example a married couple with two children could get up to 2 400 if their agi is below 150 000. Any couples earning over 174 000 won t get a payment down from 198 000 in the cares act. For a similar reason married couples will face a lower income threshold for receiving the 600 checks.

You can receive 2 000 for each dependent maximum three dependents. 600 for each dependent child under the age of 17 so a family of four whose income qualifies would receive a check for 2 400. 1 200 for married couples who file a joint tax return.

Married couples who file jointly would receive up to 4 000. The amount then declines for people earning above those. Married couple 3 dependents 3 000 maximum 4 600 maximum.

Single people earning up to 75 000 would receive 600 while married couples earning up to 150 000 would receive 1 200. Single or married filing separately.