Stimulus Check Update For Dependents
With the second stimulus check each eligible adult will 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.
Stimulus check update for dependents. For more information about stimulus checks read covid 19 stimulus checks how much who qualifies and other faqs. As the pandemic and recession continues americans are still in need of financial support. Millions of americans will receive stimulus payments from the us government to attempt to offset the economic impact of the covid 19 outbreak.
Aside from the smaller stimulus checks for adults the other major change under the bill passed by congress is the amount provided for dependent children. The first stimulus payment sent out in 2020 included 500 for dependents aged 16 and younger. Dependents between 17 and 24 years old have been skipped again.
So a person with a dependent child earning 87 000 per year should have received an 1 100 stimulus payment 600 500 the first time around and should receive 600 0 600 this time around. How to claim the missing 500 dependent payment even though the irs already sent over 160 million stimulus payments some people are still missing the extra 500 for. 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.
600 for each child up from 500 in the. 600 stimulus check 600 per child age 16 or under 1 400 stimulus check 600 for dependents of any age 2 000 stimulus check 600 per child age 16 or under. Missing out on the extra 500 from the first stimulus check was a huge setback for many.
This article was last updated on friday april 17 2020 at 9 a m. If you didn t receive additional money in your cares act stimulus check for your dependents you now may have another chance to claim the money.