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Families will get an additional 500 for each child under 17.
Who qualifies for next stimulus package. It follows the same basic income eligibility requirements as the first one individual taxpayers making 75 000 per year or less will get the full 600 while those making more than that will see their check decrease incrementally. How much will my stimulus payment be. In a letter sent to congress on march 17 aarp asked lawmakers to provide payments directly to americans as part of any stimulus packages.
Married couples who filed jointly will receive 2 400. The stimulus check made its way into the covid 19 relief bill at the last minute according to a report by cbs news. The amount of the check decreases for those with incomes above 75 000 usd and phases out completely for those who earn more than 99 000 usd.
Congress has given itself little choice but to immediately get to work on the next economic stimulus package as soon as president elect biden takes office first published on december 9 2020. A second round of stimulus checks this time in the amount of 600 usd will be sent to individuals whose gross adjusted income was under 75 000 usd in 2019 for couples the threshold is 150 000 usd. 1 200 per adult or 2 400 for a married couple plus 500 per dependent.
All americans with an adjusted gross income below 75 000 or 150 000 for a married couple would receive the full amount. The new stimulus package still does not apply to adult dependents like college students and elderly parents.
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