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Stimulus Payment Calculator

Calculate your CARES Act stimulus check eligibility and payment amount

Calculate Your Stimulus Payment

Your tax filing status from 2019 or 2018 return

$

Your Adjusted Gross Income (AGI) from 2019 or 2018 tax return

Only children under 17 qualify for the additional $500 payment

Your Stimulus Payment

$1,200
Adult Payment
$0
Dependent Payment
$1,200
Total Payment

Payment Breakdown

Base payment (single):$1,200
Dependent payment (0 × $500):$0
Total stimulus payment:$1,200

Eligibility Requirements

Filed 2018 or 2019 tax return, or receive Social Security

Income below $99,000 threshold

U.S. resident with valid Social Security number

Example Calculation

Family of Four Example

Filing Status: Married Filing Jointly

Combined Income: $160,000

Children Under 17: 2

Calculation Steps

1. Base payment: $2,400 (married filing jointly)

2. Income exceeds $150,000 threshold by $10,000

3. Reduction: ($10,000 ÷ $100) × $5 = $500

4. Adult payment: $2,400 - $500 = $1,900

5. Dependent payment: 2 × $500 = $1,000

Total payment: $2,900

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Payment Information

1

Direct Deposit

3 weeks if bank info on file

Fastest payment method

2

Paper Check

Several weeks by mail

If no bank account provided

3

Debit Card

EIP Cards for some recipients

Visa debit cards

Quick Facts

No application required - automatic if eligible

Not taxable income - keep the full amount

Don't need to pay it back

Based on most recent tax return filed

Adults over 17 claimed as dependents don't qualify

Understanding the CARES Act Stimulus Payment

What is the CARES Act?

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was a $2 trillion economic relief package signed into law on March 27, 2020, to help Americans cope with the economic impact of the COVID-19 pandemic.

Who Qualifies?

  • U.S. residents with valid Social Security numbers
  • Filed 2018 or 2019 tax return or receive Social Security
  • Income below specified thresholds
  • Not claimed as a dependent by someone else

Payment Amounts

Single:Up to $1,200
Married (Joint):Up to $2,400
Head of Household:Up to $1,200
Per Child:$500

Phase-Out Rules

Payments are reduced by $5 for every $100 of income above the threshold. The phase-out completely eliminates payments at higher income levels.

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