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STIMULUS PAY OUT FOR INDIVIDUALS

Under the plan, individuals who earn $75,000 in adjusted gross income or less would get direct payments of $1,200 each, with married couples earning up to $150,000 receiving $2,400 -- and an additional $500 per each child. The payment would scale down by income, phasing out entirely at $99,000 for singles and $198,000 for couples without children. The dollar amounts you see above are the maximum possible under this version of the stimulus plan and are NOT across-the-board dollar amounts for all citizens. In fact:

  • A maximum $1,200 for individual tax filers and up to $2,400 for couples who make up to $75,000.

  • An additional $500 per each child (according to IRS rule).

  • Expanded unemployment benefits that boost the maximum benefit by $600 per week and provides laid-off workers their full pay for four months.

  • Payouts reduce to $600 per individual or $1,200 per couple when the filers have low or no income tax liability but who do earn at least $2,500 in “qualifying” income.

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).

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


For those on Social Security or the SSDI program can have their SSA data used directly to claim the stimulus check (no tax return will be required).


Disabled Veteran, Pension, & Survivor Benefits Recipients:

It is anticipated that veterans receiving benefits from the Department of Veterans Affairs for VA disability benefits, pensions, and survivors’ benefits will be treated the same as those receiving SS and SSDI benefits and can qualify.


Supplemental Security Income (SSI) Recipients:

SSI recipients are not included in the current version of the bill.


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