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Coronavirus Stimulus Calculator
Under the Coronavirus Aid, Relief, and Economics Security Act (CARES Act), you are likely eligible for a stimulus payment. This stimulus calculator will help you estimate how much you and your family can expect to receive.
Most individuals will receive a one-time payment of up to $1,200 and married couples will receive up to $2,400. Those with dependent children will receive an additional $500 per child.
The greater your income, the smaller your stimulus check will be. Above certain thresholds, your payment will decline.
How do I get paid?
If you filed your 2018 or 2019 taxes, you do not need to do anything. The IRS will automatically send you your payment, either via direct deposit into your bank account or mail. These will be sent to the account or address listed on your most recent tax return.
How much will I get paid?
Your most recent tax return will be used by the IRS to determine:
- How much stimulus payment you will receive
- Your account or mailing address where you will receive your payment
The full amount for individuals is $1,200 and the full amount of married couples is $2,400. If you have dependent children, you will receive $500 per child.
However, if your income is above a certain threshold, your payment will be reduced.
To receive the full amount of the stimulus payment, your income must be below the following levels:
- Single: $75,000
- Married: $150,000
- Head of household: $112,500
If your adjusted gross income is above these thresholds, then your stimulus payment will be decreased by $5 for every $100 over the limit. Use our calculator to determine how much your estimated stimulus payment will be.
Who is eligible to receive a stimulus payment?
Taxpayers whose income is within range and who have a social security number or adoption tax identification number are eligible.
The following taxpayers are not eligible:
- Non-resident aliens
- Dependents (someone else claims you as a dependent)
- Estates or trusts
What year’s income should I be using?
If you filed your 2019 taxes, use your 2019 adjusted gross income. If you have not filed your 2019 taxes, then use your 2018 adjusted gross income.
What if I have not filed my 2019 taxes?
If you have not filed your 2019 taxes but have filed your 2018 taxes, you will receive your stimulus payment based on your 2018 information. If you need to update your account information or mailing address, you may want to file your 2019 taxes.
Will I need to apply to receive my payment?
No, you do not need to submit an application. The IRS will use the income information and account or mailing address on your most recent tax return.