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New stimulus check for $ 600 vs $ 1,200. Here’s how big your second payment can be



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A second stimulus check could be about half of the first, but there is more.

Sarah Tew / CNET

A second stimulus control for $ 1,200, the conversation for the Incentive package of $ 900 billion that comes before a vote. At least that appears to be the case after two senators failed to file a separate bill for a $ 1,200 direct payment on Friday. That makes one second stimulus control for a maximum of $ 600 per person more likely in the US final incentive law of 2020.

Although $ 600 per adult is no doubt less money than the first stimulus check, which came in at $ 1,200 per eligible adult, the proposal can also extend a flat rate of $ 600 to dependents of any age. The change would affect the total sum of your second stimulus control, which we’ve outlined in a handy table below.

Determining the amount that you would ultimately receive from one proposal or the other is not as simple as dividing or multiplying the amount. That’s because the IRS has one complex formula (and your adjusted gross income) to determine how much you can get. Here’s how the second stimulus control caps would work for you and your family. This story was recently updated with new details.

read more: Would you like a third stimulus check? America’s next convention could be key


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$ 1,200 Incentive Check vs. $ 600: How Much Money You Get

It’s worth repeating: Dividing the amount you received for your first stimulus check into two is not necessarily the best way to calculate how much you could get with a second direct payment. Remember that this time children may be allocated more money for them. We’re also not quite sure if the total check amount would be $ 600, so take the card with a grain of salt.

This chart gives you an idea of ​​how much a household could get if it took full advantage of one second stimulus control. It’s worth noting that the $ 1,200 amount of the first check, suggested for a second, applies only to children under the age of 17. You may also not receive the full total amount per adult. We will update this chart as more information becomes available.

Stimulus Check Money: $ 600 vs $ 1,200

$ 600 stimulus check ($ 600 per dependent of any age) $ 1,200 stimulus check ($ 500 per child 16 or younger)
Individual taxpayer, not qualified dependents

$ 600 maximum

$ 1,200 maximum

Head of household, 1 qualified dependent

$ 1,200 maximum

$ 1,700 maximum

Head of household, 2 qualified dependents

$ 1,800 maximum

Up to $ 2,200

Head of household, 3 qualified dependents

$ 2,400 maximum

Up to $ 2,700

Married couple, not qualified dependents

$ 1,200 maximum

$ 2,400 maximum

Married couple, 1 qualified dependent

$ 1,800 maximum

$ 2,900 maximum

Married couple, 2 qualified dependents

$ 2,400 maximum

$ 3,400 maximum

Married couple, 3 qualified dependents

$ 3,000 maximum

Up to $ 3,900

How much more money could you get if there was a $ 1,200 stimulus check in 2021?

Like a $ 1,200 stimulus control will be realized by 2021, or maybe, in case you want to play a hypothetical game, we did some math based on previous proposals about how much more incentive money is coming, people may be able to see if certain rules change.

More people qualify as dependents: The Democratic proposal for the next bill expands the definition of “dependent“to record anyone you can claim on your tax returns – such as children over 16 and adults in your care. Based on today’s amounts, that’s $ 500 more per person you support, with possibly no limit. If you had one dependent who qualified in the first round and three who qualified in the second, that would make your family $ 1,000 more if you had no other changes.

Child dependent persons receive more money: The most recent White House proposal would keep the same age limit for kids, but double the payout to $ 1,000. So if you have a dependent, your second check could be $ 500 higher.

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The amount of incentive money you could get in a second round of checks is still undetermined.

James Martin / CNET

You get another dependent: If you had or adopted a child, you may see $ 500 to $ 1,000 more, depending on the final bill.

Your employment status has changed: If you became unemployed or your wages fell this year, you could lower your AGI, which is used to determine payment. For example, if you received a partial payment on the first check, you may receive a full payment when you are no longer employed.

You are married: Depending on several variables, including your spouse’s application status and any new dependents, a change in marital status may result in greater scrutiny. For example, if you were single and are filing alone, you have up to $ 1,200. Married, you could be eligible for up to $ 2,400 since then the IRS formula used to determine your total incentive money is based on your combined family income.

You now share custody of a child: If you meet certain qualifications, you and the other parent of the child both can claim extra incentive money. That means you can get an additional $ 500 on the second check, especially if something in your situation has changed from the time you file your 2018 tax return to 2019. The fee for the second check is based on your most recent tax return .

A rule change regarding detained people becomes permanent: A federal judge has decided the IRS owes incentive checks to eligible prison inmates. If the ruling is in effect, these people may be entitled to a second stimulus check of up to $ 1,200, as well as the first. That’s a potential total of $ 2,400 for individuals, with more potential money for dependents.

You are an “undocumented immigrant”: Democrats propose that Undocumented US residents should be eligible for incentives money if they pay taxes, as part of the Heroes Act this has passed through the Lower House in two forms, but that is not a law. If that qualification goes through, it could mean that some people who have not been checked under the CARES Act could get a second check. If it is retroactive, individuals may be eligible for both payments. This, along with the rest of the stimulus check qualifications, depends on the details of a new law.

There’s a potential of $ 1,200 to $ 2,400 for this group, with more for dependents. For a married couple with two young children who did not receive the first check, the second round could potentially net you as much as $ 3,400.


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