A. Your payment will depend on your income. Single adults with Social Security numbers who have an adjusted gross income of $75,000 or less will get the full amount ($1,200). Married couples with no children earning $150,000 or less will receive a total of $2,400. And taxpayers filing as head of household will get the full payment if they earned $112,500 or less.
If you made more money than noted above, the payment decreases until it stops altogether for single people earning $99,000 or married people who have no children and earn $198,000. According to the Senate Finance Committee, a family with two children will no longer be eligible for any payments if its income surpassed $218,000.
You are not eligible for a payment if someone claims you as a dependent, even if you’re an adult. In any given family and, in most instances, everyone must have a valid Social Security number in order to be eligible. There is an exception for members of the military.
You can find your adjusted gross income on Line 8b of your most recent form 1040 federal tax return. Here's some basic information about how much you can expect based on your filing status.
• If you‘re single: Single adults who have an adjusted gross income of $75,000 or less will get the full amount of $1,200. Single filers who earned between $75,000 to $99,000 will receive a decreased payment. Single filers who earned more than $99,000 do not qualify.
• If you’re married with no kids: Married couples with no children who filed jointly and earned $150,000 or less will receive a total of $2,400. Married joint filers who earned between $150,000 to $198,000 will receive a decreased payment. Married joint filers who earned more than $198,000 do not qualify.
• If you’re married with children:Married couples with children who earn less than $150,000 will receive a check that includes $500 per child. That means a family of four earning less than $150,000 can expect $3,400. If you earned more than $218,000, you will not be eligible for payment.
• Social Security recipients who don’t file taxes:People who collect Social Security benefits for retirement, disability, or Supplemental Security Income (SSI) are eligible for a stimulus payment. Your checks will be based on information provided by the Social Security Administration.
• If you file as a single head of household:If you’re a taxpayer filing as head of household, you will get the full payment if you earned $112,500 or less.
Most adults will get $1,200, although some will get less based on a higher income. For every qualifying child age 16 or under, the payment will be an additional $500. Use this form from our partner TurboTax to estimate how much you can expect.