Stimulus Income Limits Calculator
Use our calculator to estimate your payment if congress passes the cash act for 2 000 stimulus checks.
Stimulus income limits calculator. How does the stimulus check calculator estimate reduced payments. Based on the bill the calculator assumes a phase out of 5 percent of every dollar over the full stimulus limit. The payment amount phases out completely once a filer s agi exceeds the maximum agi for the filing status.
So how much will you make if you make in between the minimum and maximum income levels for the stimulus check. Once the agi for a filer hits the income limit for the full stimulus check the amount of the payment is reduced by 5 for each 100 above the threshold. If you are married and file jointly and your combined income is less than 150 000 a year then you will receive the full 1 200 stimulus or 600 per person plus 600 for any dependents you may.