Calculate Your Stimulus Payment

Looking to see how much you’re going to receive from the CARES Act? The U.S. government is sending stimulus payments to many taxpayers to provide financial relief during the COVID-19 outbreak. You can estimate how much you qualify for using our COVID-19 stimulus payment calculator. Simple as that!

If you’re looking for more information about the stimulus payments visit the FAQ Section.

Payments FAQs

How is the COVID-19 stimulus payment calculated?

  • Single filers with an AGI of $75,000 or less will receive $1,200.
  • Married couples filing jointly with an AGI of $150,000 or less will receive $2,400.
  • Taxpayers filing head of household with an AGI of $112,500 or less will receive $1,200.
  • Taxpayers with incomes above these thresholds will have their payments reduced on a sliding scale.
  • Stimulus payments phase out for single filers with an AGI of $99,000 or above, for joint filers with an AGI above $198,000, and for heads of household with an AGI above $136,500.
  • Each qualifying child under age 17 will add an additional $500 to the check.

How will I receive my payment?

 

If you provided direct deposit information on your 2019 (or 2018) tax return, then the government will deliver your payment to that bank account. If you didn’t provide those details, you can expect a check mailed to the physical address on your tax return.

Who is eligible for a stimulus check?

The U.S. government is using each person’s tax filing status and adjusted gross income (AGI) as a basis to determine their eligibility and allotment.

U.S. residents with an AGI below the threshold for their filing status can expect to receive a payment. Social Security recipients are eligible as long as their income does not exceed the threshold. Individuals receiving unemployment are also eligible as long as their AGI is not above the limit.

Nonresidents are not eligible to receive stimulus money. Dependents are not eligible either. However, the person who claims the dependent can receive an additional amount included in their payment.

What do I need to do to get a stimulus check?

 

The stimulus payments will be distributed automatically. If you have already filed a 2019 or 2018 tax return, you don’t need to take any action. For low-income individuals who receive Social Security, you don’t need to file a tax return.

Haven’t filed yet? The IRS is urging anyone expecting a tax refund this year to file their 2019 tax return as soon as possible. They are also encouraging anyone who was required to file a 2018 return but has not done so yet to file a prior year return as soon as possible.