Stimulus Check Adjusted Gross Income Limit
Is there an income limit to receive a stimulus check.
Stimulus check adjusted gross income limit. But at a maximum of 600 per adult you would phase out of the second payment once you hit 87 000. The income thresholds for the checks have stayed the same. For tax filers with income above these amounts the stimulus payment decreases by 5 for each 100 above the thresholds.
One interesting change is that the shift from a 1 200 check to a 600 check also disqualifies some households by lowering the income limit. A couple filing jointly or someone whose spouse died in 2020 with an agi of up to 150 000 would receive 1 200 600 per eligible person. If you qualify for a stimulus check your stimulus check may be less than 1 200 because if you have higher adjusted gross income the amount of your check can be lower due to the phase out.
If you have an adjusted gross income agi of up to 75 000 150 000 married filing jointly you should be eligible for the full amount of the recovery rebate. Read up more in our second stimulus check calculator and try it for yourself. 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.
You can use our stimulus check calculator tool to estimate your potential payment the same goes to the third stimulus check which is being proposed for 1 400 all the way up to 2 000. So individuals with adjusted gross income of up to 75 000 or couples with 150 000 are eligible for full payments. With the second stimulus check each eligible adult will get up to 600 decreasing as income raises.
If the income limits are the same as those in the cares act in march they would be as below based on your adjusted gross income for the previous year assuming you met all the other requirements.