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Home / Tips and Tricks / Stimulus Calculator: Find the size of your estimated second payment

Stimulus Calculator: Find the size of your estimated second payment



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Our calculator will help you estimate how much money you could receive on your second stimulus check.

Sarah Tew / CNET

A second round of stimulus controls goes out now. While you track your status with the IRS and track your paper check straight to your mailboxour stimulus check calculator can help you estimate how much money your household might receive in the US next incentive payment, then help you keep an eye on the total you receive to look for errors.

For tens of millions of people, the size of your second stimulus control is not as simple as multiplying all the people in your household by $ 600 or dividing your first “$ 1,200” payment in half. The Formula for IRS stimulus control just doesn’t work that way. Instead, it is one combination of qualifications of second stimulus check that contain a new income threshold – a lot more people are disqualified therefore – your AGI and the age of your children.

After you second stimulus check arrives through direct deposit, paper check or EIP cardyou can use our stimulus calculator to make sure that your estimated total more or less matches your actual check. A large deviation could indicate a calculation error, which may require you to claim money that you don’t receive. on January 15 using the IRS ‘ Refund Discount.

Calculate your new incentive payment here

You will need:

CNET’s stimulus calculator follows the formula the IRS uses to map out your household’s second incentive payment, 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.

If you don’t usually file a tax return, here’s how you can 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 older adults, Social Security and SSDI and SSI receivers, 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 adjusted gross income.


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Principles of eligibility for a second stimulus control

Broadly speaking, here’s who it is qualify for cash on the second incentive payment. With the new law, payments are up to $ 600 each, and as you reach the highest AGI limit, the amount will decrease from your check. For example, an eligible family of four could receive up to $ 2,400. For a complete failure, check out our stimulus check qualification guide.

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 you are not eligible for a second stimulus check based 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 credit on your taxes for 2020.

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 can be disqualified from this new payment?

We have a list of people who may not qualify for a second stimulus check. If you exceed the income limit, a non-resident alien 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 the new incentive legislation, when the IRS could start sending checks and what we know renewed federal unemployment benefits in the new law.


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