How much do you get on the $ 600 stimulus check and how much if the increase to $ 2,000 is approved | The State

How much do you get on the $ 600 stimulus check and how much if the increase to $ 2,000 is approved

The second stimulus check is already being sent by the IRS.

Photo:
MIGUEL MEDINA / AFP / Getty Images

The Department of the Treasury and the Tax Collection Office (IRS) began to deposit financial aid of $ 600 per person.

The rules state that people who qualify for some amount with those who earn between $ 75,000 and $ 87,000 annually (AGI). The amounts vary according to the following table.

Important: Those who earn less than $ 75,000 will receive the full amount.

With the $ 600 check

Couples who filed their tax reports together and their AGI is $ 150,000 will receive $ 1,200. The amounts decrease the higher the AGI is. If the couple had an income greater than $ 200,000 per year, they will not receive help.

The above amounts vary according to specific income. For example, a person who earns $ 83,100 annually would receive a check for $ 150.

Now, the following table shows the amounts per person if the check for $ 2,000 is approved.

The Senate has not approved the increase, but it is under discussion.

With the $ 2,000 check

Remember to check your AGI for the exact amount you would receive. See here the IRS details.

PLUS: Second stimulus check: CNET develops virtual calculator to estimate how much money you would receive

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