Until that happens, we don’t know the whole finale, or , but we can see how the served just as well as what has been for clues about who is and is not eligible.
Read on to find out who might not be eligible for another payment. We recently updated this story.
Unmarried taxpayers who report an adjusted gross income greater than $ 99,000
Youris the amount of money you earn in one year, minus approved deductions. The IRS uses your AGI to determine if you qualify for . Under the CARES Act, your AGI closing as a single taxpayer is $ 99,000 per year to qualify for an incentive payment. If you earn more than that through a salary or other assets, such as stocks, the IRS wouldn’t send you a check.
However, if you make between $ 75,000 and $ 95,000, you will get a cut of the check, and probably if the income rules don’t change. Here is.
Heads of households whose reported AGI is more than $ 146,500
As with the cutoff for the single taxpayer, heads of household (people who do not file jointly and who) with an AGI of more than $ 146,500 were also excluded from the CARES Act – unless you . To get some of the incentive money, you would need to make less than $ 146,500. To get the full amount, your AGI as head of household should be less than $ 112,500.
Married couples report more than $ 198,000 per year
If you are a married couple filing jointly and have an AGI of more than $ 198,000, you probably won’t be eligible for a second incentive payment unless your kids create a situation. To get the full payment of $ 2,400, your joint AGI should be less than $ 150,000. The amount you could receive will decrease if your AGI is between $ 150,000 and $ 198,000.
Find your 2019 tax return to determine your adjusted gross income. You can find your AGI on line 8b of the 2019 federal tax form 1040. If you did not file tax in 2019, locate your 2018 tax document and navigate to line 7.
Uncertain: Teens over 16 and students under 24
When the first round of incentive checks was sent, millions of young Americans were barred from receiving the payment –. Those who were between the ages of 17 and 24 and were also claimed as were not checked themselves due to a child’s tax code definition. So if you are 17 or older, you are not considered a child under the CARES Act, even if you still live at home.
While the House of Representativesthat includes $ 500 in incentive money for every person claimed to be a dependent, regardless of age, the would keep the CARES Act definition but increase the amount from $ 500 to $ 1,000. But if someone claims you depend on their taxes, you won’t get your own check. However, now that Biden is president-elect, it seems that the current White House administration is .
Uncertain: humans are considered ‘non-resident aliens’
If you are a non-resident alien, you may not be eligible for a second stimulus check. The government defines a non-resident alien as someone who has “failed the green card test or the substantial attendance test”.
Note that youto receive the first incentive payment. However, non-citizens must have a social security number and live and work in the US to receive a stimulus check under the CARES Act.
The Democrats’would extend incentive checks to a group of people who are not US citizens and pay US taxes, with a taxpayer identification number provided by the IRS.
If your spouse has the status of a non-resident alien
If you are married to someone considered a non-resident alien, youfor yourself or money for your family members if you file your taxes jointly – even if the eligible parent and child are US citizens.
To receive a stimulus check, you must both currently have a Social Security number or be a member of the United States Armed Forces during the tax year. If you file your taxes separately, the citizen may be eligible for a full or partial incentive payment. The same is true for US citizens who claim their dependent child (as head of household) on a separate tax return from the non-civil spouse.
If you owe child benefit payments (this can change)
With the first stimulus check, if you werewith a whopping $ 150, the government gave the states the . For example, if you owed $ 2,000, your entire stimulus check went to your child’s other parent. If you owed $ 500, that amount was deducted from your stimulus check.
The next incentive bill may contain the same language, depending on which one is assumed. The Democratic proposal would prohibit the imposition of money to pay missing child support, while thewould keep this requirement.
Currently under legal review: People in prison or prison
Originally, people incarcerated by the IRS were deemed eligible for a stimulus check, then interpreted as unsuitable. But a California federal judge’s ruling allows inmates to apply online for the first incentive payment by Nov. 21, noting that the CARES Act did not explicitly ban this group.
The IRS has appealed this decision but has sent paperwork to prisons for inmates. It is unclear whether incarcerated people will receive a second stimulus check, even after receiving the first, and it may depend on the wording in the successful incentive law or in the final ruling on the pending case.
People who are no longer alive since the previous tax return
The IRS “sent nearly 1.1 million payments totaling nearly $ 1.4 billion to deceased persons,” said the US Government Accountability Office, before requesting the money back (the process for refund here).
If someone has died since the previous tax return, the current IRS guideline is that they are not currently eligible for a check and their families cannot keep the money on their behalf – for example, if the deceased filed taxes together with a spouse. If a check is inadvertently addressed to them, the IRS expects the family to return the payment, although they may not be legally required to do so.
It is unclear whether families can collect a second stimulus check on behalf of a person who has died, for example as a result of COVID-19. However, there is precedent for this. According to ProPublica and CNBC, families could keep the stimulus from the 2008 economic crisis in the event of death.
There may also be exceptions, such as if the deceased died in 2020, Janet Holtzblatt, a senior fellow at the Tax Policy Center, said in April. The Bureau of the Fiscal Service has canceled outstanding incentive payments to anyone who does not qualify – including those who died before the checks were received.
If you still don’t know if you are eligible for the next incentive payment, find out here. Also, . Plus, .