Stimulus Phase Out Calc
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For married couples the phase out process is the same.
Stimulus phase out calc. If you file as head of household the reductions begin at 112 500. For married couples filing jointly the phase out begins at an agi of 150 000. However it doesn t begin to phase out until the adjusted gross income is 150 000.
Our calculator uses the rate of reduction provided by the irs 5 for each 100 above the threshold to calculate your estimated stimulus check based on the information you provide. On the coronavirus stimulus tax calculator the bottom section of the tax family worksheet deals with phase outs. President donald trump signed a bill that includes 900 billion in pandemic aid relief on the 27th of december.
For couples it is completely phased out at 198 000. The legislative package includes a second round of economic impact payments also. Calculator based on text of the consolidated appropriations act 2021.
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