Stimulus Money Based On Income

The new 600 checks are based on 2019 tax returns while the first round of checks were based on either 2018 or 2019 filings.

Stimulus money based on income. 75 000 as a single tax filer 112 500 as a head of household 150 000 as a married couple filing. Married couples with an agi of up to 150 000 would get 1 200 and dependent children. Businesses in low income communities that received an eidl can get a grant equal to the difference of what.

There s a new round of scams too. The new stimulus bill sets the income limits for a 600 second check closely to the first but comes with a few adjustments. So if you received a first stimulus check based on your 2018 return and.

The stimulus check including whether you get one and how much your stimulus check is for is based partially on your adjusted gross income on your 2018 or 2019 federal tax return. As with the first direct payment under the cares act the income limits. 75 000 as a single tax filer 112 500 as a head of household 150 000 as a married couple filing.

Based on the information you shared although you are not eligible to receive a stimulus payment based on your 2019 income you will be able to take an additional credit of up to 2 400 if you re. Money to be used for.