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How much money for an incentive check could you get? Calculate it using this tool


The CNET Incentive Payment Calculator can help you estimate how much money you could get from the IRS if a second check occurs.

Sarah Tu / CNET

If second stimulus check gets approval in 2020, how much money could you expect? The answer is not clear, but we have outlined a tool below that will help you easily determine the amount you or your family could receive if you meet (possibly) a change of qualification.

The IRS pays up to $ 1,200 per person with first stimulus check and could follow the same guidelines if Congress approves second direct payment – maybe with a twist. How to calculate the payment ceiling is simple, but other factors will inform your total amount.

Our incentive check calculator determines how much you can get, based on rules from the Care Act, which governs the first incentive check. The calculator does not store your personal data or saves it in any way. Note that this tool is for estimates only and does not provide a final figure provided by the IRS. There may be other factors that could determine the final amount of your check.

Before we get started: 3 key things you need to know

You will need yours adjusted gross income or AGI, from your tax information for 2019 or 2018. If you have not submitted a file, use your information for 2018 instead. filed your federal tax return for 2019., you can find this figure on line 8b of the federal tax form for 2019. 1040. This is line 7 of the tax form for 1040 for 2018.

The CARE law allowed you claim for dependent children for $ 500 in cash, as long as they are 16 years of age or younger (ie under 17 years of age). If you want to calculate the total number of addicts of each age – a change that was discussed for a second check but is not guaranteed – add the number of addicts in the appropriate field, regardless of age.

There are exceptions to the current rules regarding this when someone who is 17 to 24 years old may request an incentive check. If you don’t usually file taxes or have another circumstance, read ours Frequently asked questions to check incentives For more information.

Calculate the incentive payment

Use details from your tax return for 2019 or 2018, whichever is more recent.

1. Select your submission status below.

Note: If you cannot see the calculator, please click this link. If you’re on a mobile device, let the calculator load in a new browser tab.

Basics of stimulus verification

We have much more information here, but with broad strokes, here is who is entitled to money for incentives under the CARE Act:

  • You are a single U.S. resident and have an adjusted gross income of less than $ 99,000
  • You apply as a head of household and earn less than $ 146,500
  • You co-deposit without children and earn less than $ 198,000

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How to calculate your check money incentive if you do not usually file taxes

With the first inspections, the IRS automatically sent incentives to many people who are not normally required to file a tax return – including senior citizens, recipients of social security and disability insurance, recipients of supplementary security and retirees in rail transport. (In some situations, eligible individuals and non-taxable families are required to use the IRS Non-Filers tool to provide the IRS with enough information to send a check.)

If this is your case, enter your best personal income forecast for the income where your adjusted gross income is required.

To know everything about the first payment, see our guide for the first round of inspections. We also have an idea for how fast the IRS can send the second round of payments once approved and what other benefits you might expect in another economic relief package.

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