First Stimulus Check Income Threshold

As with the first direct payment under the cares act the income limits. 12 200 when filing single 18 350 when filing as head of household 24 400 when married filing jointly and both you and your spouse were under 65 at the end of 2019. The new stimulus bill sets the income limits for a 600 second check closely to the first but comes with a few adjustments.

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First stimulus check income threshold. If you filed a tax return in 2018 or 2019 the irs will use the most recent information to determine your eligibility for a payment based on i ncome thresholds for receiving a stimulus check. The new stimulus checks provide as much as 600 per eligible adult and dependent child while the first round provided as much as 1 200 per adult and 500 per child. Some of the most common income thresholds for taxpayers under 65 in 2019 are.

Not only is the second round of coronavirus stimulus checks worth less than the first payment but the income limits are also less generous than they were under the coronavirus aid relief and. If you qualify for a stimulus check your stimulus check may be less than 1 200 because if you have higher adjusted gross income the amount of your check can be lower due to the phase out.

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