Tax filers with AGI

Tax filers with an adjusted gross i

ncome (AGI) up to $75,000 for individuals, $112,500 for heads of household and up to $150,000 for married couples filing joint returns will receive $1,200 per individual, plus $500 per qualifying child. For filers with income above those amounts, the payment amount is reduced by $5 for each $100 above the $75,000/$112,500/$150,000 thresholds. Single filers with income exceeding $99,000 and $198,000 for joint filers with no children are not eligible. A Social Security number is required to receive a stimulus check. If you’ve been registered as a dependent on someone else’s 2019 tax return, you aren’t eligible to receive a stimulus check money payment.

The IRS will calculate and automatically send the economic impact payment to those eligible, with no action required for most people. For people who have already filed their 2019 tax returns, the IRS will use this information to calculate and distribute the payment amount. For those who have not yet filed their return for 2019, the IRS will use information from their 2018 tax filing to calculate and distribute the payment. The IRS urges anyone who has not filed a tax return for 2018 or 2019 but is required to do so to file as soon as they can and to elect to receive their refund via direct deposit, in order to receive an economic impact payment as quickly as possible. Those who will not receive a refund are still encouraged to file their 2019 tax return to provide the most up-to-date information to the IRS, but this is not necessary if you filed a 2018 return. If you qualify for a stimulus payment and are not required to file a tax return, and do not receive Social Security income, you can e-file your IRS registration for free with IRS to receive your stimulus payment once the Stimulus Registration portal is ready on IRS website. If you’ve been claimed as a dependent on someone else’s 2019 tax return, you aren’t eligible to receive a stimulus money check.