can get complicated, especially since some rules are there changed for the second round. For example, there is a new income limit (which you ), and new rules affecting people with “non-resident alien” status, which could even if you have one the first time. , along with most , were again completely omitted.
If the amount in your second check isn’t correct – maybe some of your dependent children weren’t included – you may have to try and claim that money on your taxes using the IRS ‘. This story was recently updated.
Calculate the amount of your new incentive payment
To calculate how much you should receive from your second incentive payment, you need to enter:
CNET’s stimulus calculator, but keep in mind that it should be considered an estimate, not a guarantee of the IRS ‘final check to you. The calculator does not store or share your personal information.
Calculate your second incentive payment
Use data from your 2019 tax return.
1. Choose your filing status below.
Don’t file tax? Here’s how to use this calculator
As with the first checks, the IRS will automatically send incentive checks to many who don’t normally need to file a tax return, including, Social Security and , certain veterans and railway personnel. The IRS loosely refers to this group as non-affiliates.
If you fall into one of these categories, enter your best guess into the calculator where it matches your.
Qualifications for the second stimulus check: the basics
We’ve broken down who that is in general. With the new law, payments are up to $ 600 each, and as you reach the highest , the amount will decrease from your check. For example, an eligible family of four could receive up to $ 2,400. For a complete failure, .
To get the full incentive of $ 600 per person:
- As an individual with no eligible children, you will have an adjusted gross income of up to $ 75,000 (this is fully scaled down to $ 87,000, which is less than the $ 99,000 used for the first check).
- You serve as the head of a household (you claim children) and earn less than $ 112,500.
- You file a file jointly with no children and earn less than $ 150,000 and no more than $ 174,000 (less than $ 198,000 from the first check).
- Each dependent child under the age of 17 counts for an additional $ 600.
Note, if youbased on 2019 data, but you would qualify based on your financial situation for 2020, you will not receive a second check this year. However, you can get that amount as a .
If you qualify based on 2019 tax data, but exceed the limit in 2020, you will receive a second check and will not have to refund it.
Who might not get a second stimulus check?
Some peopleeven if they received a payment in the first round. If you exceed the income limit, a or a dependent 17 or older, you are not eligible for a check. The People’s Policy Project think tank estimates that 13.5 million adult dependents will be excluded under the requirements, including 7.3 million students.
See what else is in it to learn all about the second payment, and what we know under the new law.