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Not only is the second round of coronavirus stimulus checks worth less than the first payment but the income limits are also less generous than they were under the coronavirus aid relief and.
New stimulus bill income limits. According to cnbc here are the qualification guidelines for who would get a second check. The new stimulus bill sets the income limits for a 600 second check closely to the first but comes with a few adjustments. The earned income tax credit s payouts escalate with the number of children in the household so long as your earned income is above the 1 minimum and is beneath the maximum which is around the.
If the limit were 40 000 millions of. When the median income of all americans u s. As with the first direct payment under the cares act the income limits.
Married couples with an agi of up to 150 000 would get 1 200 and dependent children. Census 2018 data is just over 63 000 a limit that s 50 below the median would be quite low almost too low.
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