Stimulus Amount For Dependents

Forbes advisor calculate your second stimulus check now that trump has signed the 900 billion relief bill when the cares act was passed back in march qualifying individuals received 1 200.

Stimulus amount for dependents. The latest round. Those payments included 1 200 per person with 500 for dependents. For example if you have ten dependents under age 17 with valid social security numbers you will receive an additional 5 000 on your stimulus payment.

The first stimulus payment included 500 for dependents aged 16 and younger. Any child who meets the requirements is eligible and can receive the payment. The 2 2 trillion cares act passed back in march provided 1 200 stimulus payments for adults and 500 for dependents under the age of 17.

The numbers in the chart above don t include the 600 flat rate for child dependents in the second stimulus check this is up from 500 with the first stimulus check. There is no limit to the number of dependents who can qualify for the additional 500 in one household. Child dependents who are 17 years old the 900 billion stimulus package directs 600 to each child in a family as long as they are considered qualifying children under the irs tax code for the.

The first round of stimulus payments were approved in march during the early days of the coronavirus pandemic. There was no limit to the number of children who could count as dependents as long as they were 16 or younger and. The 900 billion second stimulus package passed at the end of december includes 600 payments for adults and 600 more for dependents.

The first round of stimulus checks whichgave qualifying american adults a one time direct payment of 1 200 plus 500 for each child under the age of 17 was part of congress 2 2 trillion. Aside from the smaller stimulus checks for adults the other major change under the bill passed by congress is the amount provided for dependent children. 600 for each child up from 500 in the.