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Calculate how much incentive money you can get if a check passes before 2021


If the IRS sends a second check, your household’s exact total may be slightly different from the $ 1,200 per person limit. We help you calculate.

Sarah Tew / CNET

If Congress one second stimulus control as part of another bill for emergency economic aid, how much money would you expect? We have built a handy calculator that can help you estimate the size of your payment. At this point, however, we are not sure when the next stimulus check might come. The last new proposal lacks a stimulus check, although several lawmakers are arguing for it to become part of a bill in 2020. If it doesn’t make it into the current bill, chances are we will see discussion around a second stimulus check in 2021.

Like the first stimulus controlThe IRS is expected to make payments of up to $ 1,200 per person. But there could be changes in qualifications for you or your family members that can earn you a larger amount or a smaller payment in a second stimulus control.

It is important to read the next section for some important information before using our stimulus check calculator. Incidentally, the calculator does not store your personal data in any way. Keep in mind that it provides an estimate of the total amount you might receive – it’s not a final figure from the IRS.

read more: What do your taxes have to do with incentive checks? Everything

Important: Make sure you have your AGI

CNET’s stimulus check calculator tool is based on rules of the CARES Act passed in March (we will update it once the stimulus check is final). It aims to give you an estimate of what to expect on a second check, or on your first, if you’re still waiting for it. To use the tool, you have your adjusted gross income, or AGI, from your tax data for 2019 or 2018. If your filed your federal tax return for 2019, you can find that figure on line 8b of the 2019 federal tax form 1040. It is line 7 on the 2018 tax form 1040.

How to use the stimulus calculator

The CARES Act allowed Americans claim dependent children for $ 500 each, as long as they are 16 years old or under (that is, under 17 years old). One change for the second control that we may see is a broader definition of a dependent person. Two previous proposals, which are not legal, suggest that you should get $ 500 for dependents you claim on your taxes, regardless of age. The October 9 White House proposal, which is no longer on the table, offered $ 1,000 per dependent child, and seemed to keep the definition of this group used in the previous rules.

So it could be that a future check makes more money for the dependents you already have, or the same amount for potentially a larger number of people in your household.

There are two ways to estimate the total number of dependents of each age on the calculator below, according to each proposal. To see how much money you could get with the first proposal, enter the number of family members in the corresponding field, regardless of their age. For example, if you have a 14-year-old and an older parent living with you, enter 2, along with your other data.

To calculate your amount using the second proposal, double the number of dependent children you currently claim. So, for example, if you have one eligible child at home, enter 2, to reach a total of $ 1,000 per child. If you have two kids, go in 4 to reach the amount of $ 2,000 for two children. We will update this calculator when the lines are finalized.

Here are exceptions to the current rules regarding when someone is between 17 and 24 years old can claim a stimulus check. If you typically don’t file a tax return or have other circumstances, this provides more information.

Calculate your incentive payment

Use the information from your 2019 or 2018 tax return, whichever is the most recent.

1. Choose your filing status below.

Note: If you cannot see the calculator, please click on this link. Load the calculator on a mobile device in a new browser tab.

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If you don’t usually file taxes, how to estimate your incentive money

On initial checks, the IRS automatically sent incentive checks to many who normally don’t need to file tax returns – including seniors, Social Security, and SSDI and SSI receivers and railway workers. (In some situations, eligible individuals and families who did not file taxes had to use the IRS Non-Filers tool to provide the IRS with enough information to send a check.) Some who have not filed a tax may qualify for a payment but have not yet claimed it.

If this is the case for you, enter your best guess where it is about your adjusted gross income.

Reminder: Here’s who is eligible for a stimulus check

We have more details about it who may qualify for a different stimulus check and that may not qualify. Broadly speaking, this is the income ceiling under the CARES Act:

  • You are a single U.S. citizen or resident alien and have an adjusted gross income of less than $ 99,000
  • You file as the head of a household and earn less than $ 146,500
  • You file a file jointly with no children and earn less than $ 198,000

To know everything about the first payment, see our guide to the first round of checks. We also have an idea for how fast the IRS could send the second round of payments and which priority group you are in.

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