Stimulus Check Calculator Single
The size of your direct cash payment will depend entirely on your adjusted gross income agi and tax filing status 2019 taxes were due by july 15 2020.
Stimulus check calculator single. For single people the payments are reduced for those with adjusted gross incomes agi. Anyone who makes more than 99 000 is not eligible for a stimulus check. This calculator tells you exactly how much your second stimulus check could be worth published mon dec 21 2020 4 13 pm est updated tue dec 22 2020 6 26 pm est megan leonhardt megan leonhardt.
Calculator based on text of the consolidated appropriations act 2021. This stimulus payment calculator estimates how much your household could receive with the first economic payment. This is the number we put into the above stimulus payment calculator.
First let us compute your combined income. 600 second stimulus check calculator. Beyond 75 000 the payments will be reduced by 5 for every additional 100 of adjusted gross income.
This is only an estimate. How much stimulus will you get from the cares act. Couples who earned 174 000 or more in agi won t get a second stimulus check down from 198 000 for the second stimulus check.
Income 90 000 70 000 160 000. Jan 6 2021 11 54am. The actual amount you receive if any will be determined by the internal revenue service irs the government agency in charge of disbursing the second round of stimulus checks.
Based on the bill the calculator assumes a phase out of 5 percent of every dollar over the full stimulus limit. This means that single people who earned 87 000 or more in adjusted gross income agi in 2019 won t qualify at all for the second stimulus check compared with 99 000 for the first stimulus check. Let s look into the calculations together with the stimulus check calculator.