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Eligible individuals can receive a stimulus check of up to 600.
Maximum stimulus check amount. As with the first check if your adjusted gross income or agi is less than 75 000 as a single taxpayer that means no kids you ll receive the entire second stimulus check total of 600. The stimulus check amount phases out by 5 for every 100 above certain income levels based on your tax filing status. Families with children under age 17 can receive an additional 600 per child.
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 maximum individual stimulus check is 1 200 to get the maximum payment of 1 200 not including the extra 500 per qualifying child the agi on your 2018 or 2019 tax return whichever you. The 900 billion deal includes new federal unemployment benefits money for small businesses and schools and non taxable 600 stimulus checks in addition to other funding.
President elect joe biden presented on january 14 a new 1 9 trillion coronavirus relief package that includes a third round of stimulus payments up to 1 400. Couples who file joint tax returns can receive up to 1 200. Dependents 17 and over do not qualify for a check.
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