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Despite several early reports that the new stimulus checks will use the same income caps as the first stimulus payments made earlier in 2020 the upper phase out limits have in fact been reduced.
Stimulus check pay limits. Second stimulus checks provide 600 for people with an agi of up to 75 000 and married joint filers earning up to 150 000 will get 1 200. But at a maximum of 600 per adult you would phase out of the second payment once you hit 87 000. The other excluded categories are more surprising.
That is less than the 1 200 checks approved in the coronavirus aid. An individual with an agi of up to 75 000 would receive the full 600 check. Is there an income limit to receive a stimulus check.
The measure contains a 600 direct payment to americans who earned up to 75 000 in 2019. This makes sense as the program is designed to help those most in need of an income boost. The payment is up to 1 200 for individuals and 2 400 for married couples who file jointly.
Congress has approved two rounds of stimulus checks. The first round included a 1 200 payment from the coronavirus aid relief and economic security cares act which was signed into law last march and now president trump has signed a second 900 billion economic relief package on december 27 that includes another stimulus check paying up to 600 per person. 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.
Now individuals earning up to 87 000 and couples earning up to 174 000 will receive some form of payment. Read up more in our second stimulus check calculator and try it for yourself. With the second stimulus check each eligible adult will get up to 600 decreasing as income raises.
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