Stimulus Second Check 2020

28 2020 a bill that would have amended the dec.

Stimulus second check 2020. If you re eligible for the second stimulus check and don t get it for one reason or another for example you re a recent college graduate your 2020 income qualifies but your 2019 income doesn t. For a family of four that would include 600 for each eligible dependent or 2 400 in total. The chamber passed the cash act on dec.

The irs will use people s 2019 tax returns to determine their stimulus payments which means that teens who hit their 17th birthday in the second half of 2020 after tax returns were due to the. With the second stimulus check each eligible adult will get up to 600 decreasing as income raises. The maximum amount for this second round of stimulus checks is 600 for any eligible individual or 1 200 per eligible couple who file taxes jointly.

Adults and qualifying children are both eligible for up to 600 each with the second payment. The 600 checks will only go out to individuals making less than 75 000 a year or couples making less than 150 000.