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Home / Tips and Tricks / New Stimulus Check Drama: How Much You Would Get, If You Qualify, When It Could Happen

New Stimulus Check Drama: How Much You Would Get, If You Qualify, When It Could Happen



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America’s third stimulus check could shake up the rules even more.

Sarah Tew / CNET

It took nine months for Congress to agree on the exact size and scope of the second incentive payment. But luckily the path is to one third stimulus check seems to be much faster. President Joe Biden’s proposal for one $ 1.9 trillion stimulus package contains one third stimulus check in front of up to $ 1,400, and would it stimulus qualifications to include families citizenship of mixed status and dependents of any age.

However, Congress has yet to agree on a final stimulus package before any checks are sent. And a bipartisan group of lawmakers is already looking to narrow down Biden’s proposal make it more focused on certain groups of people. This, combined with when a new stimulus check proposal comes in and how it’s passed, is all part of the drama unfolding in Washington as Biden tries to realize his plan.

This is what we know so far how much money households expect a third check, when the third check might come and – also important – how those incentives finance would be delivered. Tax season adds an extra wrinkleas the IRS orchestrates both stimulus check assignments and tax returns and returns. This is what we know about one so far third stimulus check, including how you can settle in during tax season to possibly get the new funds faster.

Why do some members of Congress want the incentive check to be more targeted? What does that mean?

The simple explanation is that some people are concerned that a $ 1,400 stimulus check will go to some of the people with relatively high incomes. For example, use our stimulus calculator for the third control, a person could earn $ 102,900 per year (their adjusted gross income) and still get a partial payment … of $ 5.

The point is, if lawmakers want people who make less than $ 75,000 a year to get $ 1,400, they need to make adjustments to the way things are done. One way would be to get the stimulus check formula that was used in the first two controls. Another would be to present a random limit (for example, a check would only go out to people who earn less than a certain amount per year, according to their AGI). A third could be to decrease the maximum amount of the next stimulus payment (because, math). Our stimulus check article explains more.

On Monday, Biden said in the White House that he was “open to negotiating” the income limits for a third check. “There is a legitimate reason for people to say, ‘Did you draw the lines correctly? Should it go to someone making more than X dollars or why?’ He said. “This is all a bit of a moving target in terms of the precision with which this is going.”

If the check is $ 1,400, can some people still get $ 2,000?

Biden’s incentive plan requires the next check to be up to $ 1,400 per eligible adult – not the $ 2,000 some originally expected. The idea is that this third check “raises” the maximum of $ 600 outlined in the second stimulus check to $ 2,000 once you combine the totals per person – but without taking into account dependent persons.


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We can’t say for sure why Biden chose $ 1,400 as the maximum instead of $ 2,000, but there is backlash against a $ 2,000 incentive payment (more below). If Biden tries to keep the proposal below $ 2 trillion, a larger stimulus check could do his Proposed $ 1.9 Trillion Incentive Bill over the threshold.

One question that concerns people is whether, if the qualifications were expanded to new groups of people not included in the first round, the new recipients could get the full $ 2,000 amount.

Will the qualifications of other stimulus checks change with a third check?

Biden proposes two changes that are popular among Democratic lawmakers. The first would expand qualifications to dependents of any age, including 13.5 million more people, according to the People’s Policy Project, such as students, older adult relatives and children of all ages with disabilities.

The second eligibility change includes all “households of mixed status“with one or more family members who are not US citizens. For example, if the parents are not US citizens, but their children, who were born in the US, are. The second incentive controls comprehensive suitability for families with a U.S. citizen spouse.

Could Congress vote to approve a new stimulus check in the week of February 1?

The House of Representatives won’t be back in session until Feb. 1, but plans are to introduce a bill shortly thereafter.

“We’ll be doing our committee work next week so we’re all set to go to the floor when we get back,” house speaker Nancy Pelosi said in a press conference on Thursday.

It is not clear whether this will be a sweeping stimulus package as suggested by Biden, or a smaller, patchy bill targeting a third stimulus control and Distribution of COVID-19 vaccines.

How soon could the IRS send the third checks? Would there be another deadline?

The IRS and the Treasury Department are moving at lightning speed deliver the second stimulus controls, starting within days of the signing of former President Donald Trump December’s Incentive Act. They had to. The language of the invoice only offered a 17-day window to send the checks before the deadline imposed. There were millions of direct deposit errors, and now anyone who lacks incentive money will have to claim it as part of the 2020 tax filing. (Yes, even taxpayers, also.)

It’s too early to say whether the IRS would automatically send a third check to recipients, as they have done with the second stimulus controls, or if the money would be packed in one Refund discount. or the like. We go through more possible scenarios for the third stimulus check timeline here.

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How much money could a third incentive check really bring to your household? We will see soon.

Sarah Tew / CNET

What are the biggest obstacles to a third stimulus check?

There is already a pushback from Democrats in more ways than one. With the Senate is evenly dividedopposition from just one Democratic senator could sink the party’s hopes of a major third stimulus check.

“$ 2,000 means $ 2,000. $ 2,000 doesn’t mean $ 1,400,” said Rep. Alexandria Ocasio-Cortez, a Democrat, on Jan. 14 against The Washington Post, citing Biden’s earlier and repeated commitment to pay a $ 2000 incentive check.

At the other end of the spectrum, Senator Joe Manchin, a centrist Democrat from West Virginia, repeatedly expressed concern about the cost of a third stimulus check, suggesting that the financial aid could be better targeted at those who need the money the most .

“How can the money we invest now best help us get jobs back and get people into work? And I can’t tell you that sending a new cash register will do that to someone who I already have a checkManchin said on Jan. 8, later reportedly saying he was ‘open’ to Biden’s case for a bigger stimulus check, but prioritizing vaccine distribution.

Many Republicans are expected to object to a new expensive stimulus package, especially one more than double the $ 600 stimulus check. With a new Democrat-led senateSenate Majority Leader Chuck Schumer is counting on pushing the legislation through, especially as Vice President Kamala Harris will act as a Senate tiebreaker.

In what ways can a $ 1,400 check make more money for families?

A higher maximum total per person is the obvious way your household would receive more money from a third check than from the second, but there’s more to it. Because the upper limit for the second check is $ 600 per adult, with an extra $ 600 per child depending, the route the IRS formula works, more people hit the income threshold for receiving a second payment, which means they will is actually not eligible for incentive money all the way.

A third stimulus check would:

Here are other ways a third stimulus check could generate more money in your pocket.

For more information, here is other funding included in the next stimulus package, how calculate the payment of your second stimulus check and who may not qualify for a stimulus check.




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