Economic Stimulus Check Sliding Scale
The checks phase out completely if you earn 99 000 or more the same sliding scale applies for couples earning between 150 000 and 198 000.
Economic stimulus check sliding scale. This stimulus payment calculator estimates how much your household could receive with the first economic payment. The amount those adults receive will decline on a sliding scale to those earning up to 136 500. Sliding scale for middle earners.
Those earning more than 75 000 also can receive stimulus money on a sliding scale based on qualifications. The amounts people receive will be reduced on a sliding scale for individuals making up to 99 000 and married couples up to 198 000. Stimulus check 1 calculator.
Married couples also will receive an additional 600 for every child under 17. Relief package includes 600 direct payment. Reduced checks on a sliding scale will go out to married couples who earn up to 174 000.
If you filed as head of household you are eligible for a 1 200 check and 500 for each child you claimed if your adjusted gross income was 112 500 or less. Those who filed as heads of household and earn up to 112 500 a year will get 1 200 and 500 per child. Similar to the cares act individuals making between 75 000 and 100 000 will.
Married couples will also receive 500 for each child they claimed on their tax return. Married couples will get checks on a sliding scale up to 198 000. The stimulus legislation includes a formula that institutes a sliding scale so that for example single taxpayers would get the full 600 if they make less than 75 000 per year.
The 600 checks will only go out to individuals making less than 75 000 a year or couples making less than 150 000.