For your second stimulus check or Economic Impact Payment (EIP), the amount you receive will depend on several factors, including your income and filing status. Generally, individuals with an adjusted gross income below $75,000 and couples with a combined income below $150,000 will receive the full payment. Individuals earning up to $99,000 and couples earning up to $198,000 are eligible for a reduced payment. Payments will phase out entirely for individuals earning over $99,000 and couples making over $198,000. You can use the IRS website’s stimulus calculator to estimate your payment amount based on your situation.
Income Eligibility Thresholds for Second Stimulus Checks
The eligibility for the second stimulus check was based on income thresholds. Individuals and families with adjusted gross incomes below certain levels were eligible for the full or partial amount of the $600 payment. The thresholds were as follows:
- Single filers: $75,000 or less
- Married couples filing jointly: $150,000 or less
- Head of household: $112,500 or less
For those with incomes above the thresholds, the amount of the stimulus check was gradually phased out. Individuals with incomes above $87,000 and couples with incomes above $174,000 were not eligible for any payment.
| Filing Status | Income Threshold for Full Payment |
|---|---|
| Single | $75,000 or less |
| Married Filing Jointly | $150,000 or less |
| Head of Household | $112,500 or less |
How Much Will I Get 2nd Stimulus Check
The amount of your second stimulus check will depend on your income, filing status, and number of dependents. The maximum amount for the second stimulus check is $600 for individuals and $1,200 for married couples filing jointly. The amount of your check will be reduced by $5 for every $100 of income you earn above certain thresholds.
The following table shows the income thresholds and the corresponding reduction in the amount of your stimulus check:
| Filing Status | Income Threshold | Reduction per $100 of Income |
|---|---|---|
| Single | $75,000 | $5 |
| Married filing jointly | $150,000 | $5 |
| Head of household | $112,500 | $5 |
For example, if you are a single filer with an income of $80,000, your stimulus check will be reduced by $250 (5 * 50). This means that you will receive a check for $350 ($600 – $250).
In addition to the income thresholds, the amount of your stimulus check may also be reduced if you have any outstanding debts, such as unpaid taxes or child support. These debts will be offset against the amount of your stimulus check, which means that you will receive a smaller check or no check at all.
Offset Amounts
- Unpaid taxes
- Child support
- Other debts owed to the government
Joint Filing vs. Single Filing
The amount of your second stimulus check depends on your filing status. Here is a table summarizing the maximum amounts for joint filers and single filers:
| Filing Status | Maximum Amount |
|---|---|
| Joint filers | $600* |
| Single filers | $1,200 |
*Note that the maximum amount for joint filers is reduced by $5 for each $100 of AGI (adjusted gross income) over a certain threshold.
Eligibility and Amounts for the Second Stimulus Check
The second stimulus check provides one-time payments to eligible individuals and families. The amount of the payment depends on your income, filing status, and the number of dependents you claim.
Income Thresholds
- Single filers with an AGI of $75,000 or less
- Married couples with an AGI of $150,000 or less (filing jointly)
- Heads of household with an AGI of $112,500 or less
Individuals with AGIs above these thresholds will receive reduced payments. The payments phase out completely for individuals with AGIs over $87,000, married couples with AGIs over $174,000, and heads of household with AGIs over $124,500.
Payment Amounts
Eligible individuals will receive the following base amounts:
- $600 for single filers
- $1,200 for married couples filing jointly
- $600 for heads of household
Dependent Payments
For each dependent under the age of 17 claimed on your tax return, you will receive an additional $600 payment.
| Filing Status | Payment Amount for Adults | Payment Amount per Dependent |
|---|---|---|
| Single | $600 | $600 |
| Married (Joint) | $1,200 | $600 |
| Head of Household | $600 | $600 |