Cares Act Stimulus Check How Much

2 000 for each dependent example.
Cares act stimulus check how much. A family of four with qualifying income would receive a check for 8 000 for single people the payments are reduced for those with adjusted gross incomes agi. The size of your stimulus check is based on your adjusted. Single people earning over 87 000 the second round of checks will have the same type of income phaseouts as in the cares act with the stimulus check payments reduced for earnings above 75 000.
Couples who file joint tax returns can receive up to 1 200. Dependents 17 and over do not qualify for a check. Qualifying couples will receive 1 200 and qualifying dependents get 600.
Families with children under age 17 can receive an additional 600 per child. The second stimulus checks would be phased out entirely for single people earning over 87 000 or married couples earning more than 174 000 compared with the cares act s phaseout for single. Right now stimulus checks for qualifying individuals are 600.