Stimulus Check And Joint Tax Return
That s a point the house ways and means committee noted in its rundown monday on the new round of checks.
Stimulus check and joint tax return. And this group will qualify again. 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. While many rules remain the same with the second stimulus check some people won t be eligible.
People who weren t required to file a federal income tax return in 2018 or 2019 may still be eligible to receive the first stimulus check under the cares act. 1 200 for married couples who file a joint tax return. The second stimulus check follows a rocky rollout this spring for more than 160 million stimulus payments directed by the coronavirus aid relief and economic security cares act.
The stimulus check you receive will not factor into your income tax liability. In contrast the first stimulus checks sent out earlier this year were reduced to zero for individuals with 99 000 in adjusted gross income and 198 000 for married couples who file jointly. Here s who won t qualify for another payment.
For the first stimulus check single filers and heads of household could have gotten up to 1 200 plus 500 for each qualifying child a person under age 17 who is claimed as a dependent. The stimulus payment is cut by 5 for every 100 of income.