Government Checks

MAXUM · 03-26-2020, 03:15 PM

The Stimulus Checks Phase-out at:

$75,000 in adjusted gross income for singles.
$112,500 for heads of household.
$150,000 for married couples (when couples file joint tax returns).
Payment is reduced by five percent of every dollar above that mark, or $50 for every $1,000 above $75,000.

Completely phase out at $99,000 for singles and $198,000 for couples (with no children).

So keep in mind if you file jointly one member can earn more than the 75K and still get the entire amount so long as the jointly filed combined adjusted gross income does not exceed the 150K mark.

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode

03-26-2020, 03:15 PM	#8
MAXUM Senior Member Join Date: Apr 2004 Location: Kuna ID Posts: 2,755 Thanks: 246 Thanked 1,942 Times in 802 Posts	The Stimulus Checks Phase-out at: $75,000 in adjusted gross income for singles. $112,500 for heads of household. $150,000 for married couples (when couples file joint tax returns). Payment is reduced by five percent of every dollar above that mark, or $50 for every $1,000 above $75,000. Completely phase out at $99,000 for singles and $198,000 for couples (with no children). So keep in mind if you file jointly one member can earn more than the 75K and still get the entire amount so long as the jointly filed combined adjusted gross income does not exceed the 150K mark.

The Following 2 Users Say Thank You to MAXUM For This Useful Post:
joey2665 (03-27-2020), Susie Cougar (03-26-2020)