What Is The Stimulus Check Cut Off Amount

This will top off the second stimulus checks which pay up to 600 per person with an additional 1 400 payment.

What is the stimulus check cut off amount. Income test when claiming and renewing a card. Couple combined no children. January 15 is the cut off date in the 900 billion stimulus bill by which time the irs and us treasury must stop sending checks as part of this round of delivery.

Call the irs toll free stimulus information line. A couple filing jointly would not receive a stimulus check once agi tops 174 000. For couples who can receive a maximum of 2 400 the cutoff is 150 000.

An individual either single filer or married filing separately with an agi above 87 000 would not receive a stimulus check. With president donald trump having signed the latest covid 19 relief legislation stimulus checks of up to 600 are due to be sent out to those suffering economic woes posed by the pandemic. The 600 per person payments are part of the stimulus bill.

The amount of the stimulus check is gradually reduced once agi exceeds these limits. President elect joe biden announced a new 1 9 trillion coronavirus relief package that will deliver a third round of direct payments for millions of americans. Your income must be below the amount in the table for your situation.

If you don t receive your full. The checks will amount to 600 for each qualifying adult and child half the amount of the 1 200 checks sent out earlier this year. Couple combined 1 child.

If a person makes more than 75 000 the amount given goes down incrementally by 5 for every 100 increase in salary. The calculator considers several things including your tax status the number of dependents and other details to determine your eligibility as well as the coronavirus stimulus check amount. Status weekly income income in an 8 week period.