Stimulus Check Amount 2nd Round

On sunday president donald trump signed a coronavirus relief package into law that includes a second round of stimulus checks in the amount of 600 per person.

Stimulus check amount 2nd round. Single people earning over 87 000 the second round of checks will have the same type of income phaseouts as in the cares act with the stimulus check payments reduced for earnings above 75 000. Shutterstock nine months after approving 1 200 payments to help americans weather the coronavirus crisis lawmakers have done it again kind of. Single people earning up to 75 000 would receive 600 while married couples earning up to 150 000 would receive 1 200.

Right now stimulus checks for qualifying individuals are 600. Qualifying couples will receive 1 200 and qualifying dependents get 600. Eligible individuals can receive a stimulus check of up to 600.

Holding off on 160 billion in funding for state and local governments was key to finding support for another round of stimulus payments according to analysts at raymond james. The maximum amount for this second round of stimulus checks is 600 for any eligible individual or 1 200 per eligible couple who file taxes jointly. The size of your stimulus check is based on your adjusted.

In the first round adults were eligible for 1 200 and dependents were eligible for 500. Families with children under age 17 can receive an additional 600 per child. For a family of four that would include 600 for each eligible dependent or 2 400 in total.

Couples who file joint tax returns can receive up to 1 200. Dependents 17 and over do not qualify for a check.