Stimulus Check Qualifying Income
How that 600 per eligible person cap could disqualify you some things changed with the second stimulus check and the per person total is one of them.
Stimulus check qualifying income. With the second stimulus check each eligible adult can get up to 600 decreasing as income raises more on this above and each child dependent age 16 and younger can also qualify for a. To qualify for your own stimulus check you need to have filed your 2019 taxes independently. 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.
However the stimulus check amount phases out by 5 for every 100 above certain income levels based on your tax filing status. The checks will amount to 600 for each qualifying adult and child half the amount of the 1 200 checks sent out earlier this year. The 600 per person payments are part of the stimulus bill.
Adults and qualifying children are both eligible for up to 600 each with the second payment. According to cnbc here are the qualification guidelines for who would get a second check. 75 000 head of household.
Earned income money earned from working and. To get the full 600 amount a person can t earn more than 75 000 in 2019 or 150 000 for couples. Stimulus package coronavirus donald trump the house is expected to vote monday on a proposal to increase the amount qualifying americans will receive in stimulus checks from 600 to 2 000.
Who does the irs currently define as a qualified dependent for stimulus checks. Income for dependents falls into two categories.