Stimulus Check Individual Income Limit

Is there an income limit to receive a stimulus check.

Stimulus check individual income limit. So how much will you make if you make in between the minimum and maximum income levels for the stimulus check. The stimulus checks as they re known will go to individuals with an adjusted gross income of up to 75 000. An individual with an agi of up to 75 000 would receive the full 600 check.

Single people earning over 87 000 the second round of checks will have the same type of income phaseouts as in the cares act with the stimulus check payments reduced for earnings above 75 000. Married couples with an agi of up to 150 000 would get 1 200 and dependent children. 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.

600 second stimulus check income limits the figure in the first column above represents the lower income limit to receive the full amount. To get the full 600 amount a person can t earn more than 75 000 in 2019 or 150 000 for couples. Not only is the second round of coronavirus stimulus checks worth less than the first payment but the income limits are also less generous than they were under the coronavirus aid relief and.

Above that figure your check amount would decrease on a. 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. According to cnbc here are the qualification guidelines for who would get a second check.