Dollar Amount To Qualify For Stimulus Check
People earning up to 87 000 and couples earning up to 174 000 would get a stimulus check.
Dollar amount to qualify for stimulus check. Children are also eligible for the 600 stimulus. The benefit amount is reduced for those who earned more than 75 000 in 2019 while people who earned more than 99 000 in 2019 will not qualify. A new law passed by the house this week would increase the full stimulus check amount to 2 000 or 1 400 on top of the 600 already approved for most people.
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 program was taken offline for several days before it could offer information about the second coronavirus stimulus check. To get the full 600 amount a person can t earn more than 75 000 in 2019 or 150 000 for couples.
The phaseout structure is still the. The cash act bill which included 2 000 stimulus checks for qualifying individuals passed in the house in december but was blocked from reaching the senate floor by senate majority leader mitch. Eligible americans will automatically receive an economic impact payment of up to 600 for individuals or 1 200 for married couples and up to 600 for each qualifying child.
Income is based on your 2019 adjusted gross income agi. House of representatives voted to pass a bill to increase the 600 stimulus checks to 2 000 with the bill receiving the needed two thirds majority of the members voting.