{"id":3431,"date":"2020-03-28T04:22:51","date_gmt":"2020-03-28T04:22:51","guid":{"rendered":"https:\/\/www.irstaxapp.com\/?p=3431"},"modified":"2020-04-04T02:38:16","modified_gmt":"2020-04-04T02:38:16","slug":"calculator-for-stimulus-check-2020","status":"publish","type":"post","link":"https:\/\/www.irstaxapp.com\/calculator-for-stimulus-check-2020\/","title":{"rendered":"Calculator for stimulus check 2020"},"content":{"rendered":"\r\n<p>The coronavirus irs stimulus check calculator is designed for a quick way to calculate  the amount of\u00a0<em>your<\/em>\u00a0check .The Coronavirus Aid, Relief, and Economic Security Act, or <em><strong>CARES Act <\/strong><\/em>is passed on Friday .<\/p>\r\n\r\n\r\n\r\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-662d984aba833\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-662d984aba833\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.irstaxapp.com\/calculator-for-stimulus-check-2020\/#What_is_stimulus_check_amount\" title=\"What is stimulus check amount?\">What is stimulus check amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.irstaxapp.com\/calculator-for-stimulus-check-2020\/#Phaseout_of_stimulus_check_amount\" title=\"Phaseout of stimulus check amount\">Phaseout of stimulus check amount<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.irstaxapp.com\/calculator-for-stimulus-check-2020\/#IRS_stimulus_check_calculator\" title=\"IRS stimulus check calculator\">IRS stimulus check calculator<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.irstaxapp.com\/calculator-for-stimulus-check-2020\/#File_tax_return_for_2019_if_not_yet_filed\" title=\"File tax return for 2019 if not yet filed\">File tax return for 2019 if not yet filed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.irstaxapp.com\/calculator-for-stimulus-check-2020\/#Stimulus_check_possible_even_if_no_return_was_filed\" title=\"Stimulus check possible even if no return was filed\">Stimulus check possible even if no return was filed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.irstaxapp.com\/calculator-for-stimulus-check-2020\/#When_how_will_the_stimulus_check_arrive\" title=\"When &amp; how will the stimulus check arrive ?\">When &amp; how will the stimulus check arrive ?<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_stimulus_check_amount\"><\/span>What is stimulus check amount?<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>The relief amount is fixed at  $1,200 for persons with filing status of single. If you file a joint tax return, then both you and your spouse will get $1,200 (for a total of $2,400). The stimulus package also take into account if you have qualifying child (upto  16 years of age). If you have , then  you get an additional $500 for each child. However , the computation of check amount is not simple because of the provision of phase out for people having adjusted gross income of $75,000 or more .<\/p>\r\n\r\n\r\n\r\n<p>The&nbsp;following table gives you an idea of amounts based on your&nbsp;adjusted gross income&nbsp;and&nbsp;filing status:&nbsp;<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Filing status<\/strong>&nbsp;<\/td><td><strong>AGI amount<\/strong>&nbsp;<\/td><td><strong>Stimulus check amount<\/strong>&nbsp;<\/td><\/tr><tr><td>Single&nbsp;<\/td><td>$75,000 or less&nbsp;<\/td><td>$1,200&nbsp;<\/td><\/tr><tr><td>Married filing jointly&nbsp;<\/td><td>$150,000 or less&nbsp;<\/td><td>$2,400&nbsp;<\/td><\/tr><tr><td>Head of Household&nbsp;<\/td><td>$112,500 or less&nbsp;<\/td><td>$1,200&nbsp;<\/td><\/tr><tr><td>Dependents under 17*&nbsp;<\/td><td>N\/A&nbsp;<\/td><td>+$500&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\r\n\r\n\r\n\r\n<p><strong>The IRS has not yet announced how much taxpayers filing&nbsp;married filing separately&nbsp;will receive.&nbsp;<\/strong><\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Phaseout_of_stimulus_check_amount\"><\/span>Phaseout of stimulus check amount<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p style=\"background-color:#d3f6d8\" class=\"has-background\">Your <em>coronavirus stimulus check<\/em> amount will be gradually reduced to zero as your Modified Gross Income starts climbing up from $75,000 onwards for persons filing single  or married filing a separate tax return, or a qualifying widow(er) . If you&#8217;re married and file a joint tax return, the phaseout begins at  $150,000. If you claim the head-of-household filing status on your tax return, your payment will be reduced if your AGI tops $112,500.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IRS_stimulus_check_calculator\"><\/span>IRS stimulus check calculator<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<iframe loading=\"lazy\" src=\"https:\/\/gsheetpress.com\/calculator?id=1585365601036\" name=\"calculator\" frameborder=\"no\" width=\"100%\" height=\"500px\" align=\"center\"><\/iframe>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"File_tax_return_for_2019_if_not_yet_filed\"><\/span>File tax return for 2019 if not yet filed<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>Since <a href=\"https:\/\/www.irstaxapp.com\/what-tax-deadlines-extended-what-not\/\"><strong>coronavirus relief <\/strong><\/a>check is based on  2019 tax return filing status, AGI, and information about your children, it is important that you file . If you haven&#8217;t  2019 return for which the due date is not extended to   July 15.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stimulus_check_possible_even_if_no_return_was_filed\"><\/span>Stimulus check possible even if no return was filed<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>If you did not file 2018 or 2019 tax return for want of taxable income , IRS  can pull information required for stimulus check from a 2019 Form SSA-1099,&nbsp;<em>Social Security Benefit Statement<\/em>, or Form RRB-1099,&nbsp;<em>Social Security Equivalent Benefit Statement<\/em><\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_how_will_the_stimulus_check_arrive\"><\/span>When &amp; how will the stimulus check arrive ?<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<p>&nbsp;The law requires IRS to send stimulus check  &#8220;as rapidly as possible.&#8221;.Therefore, it is assumed that the moment law is enacted ,IRS will initiate payments electronically for anyone who authorised the direct deposit of a refund . For others , IRS may send the the payment as a paper check by post .<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>The coronavirus irs stimulus check calculator is designed for a quick way to calculate the amount of\u00a0your\u00a0check .The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act is passed on Friday . What is stimulus check amount? The relief amount is fixed at $1,200 for persons with filing status of single. If you file [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[1345,1346],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/3431"}],"collection":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/comments?post=3431"}],"version-history":[{"count":0,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/3431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/media\/3435"}],"wp:attachment":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/media?parent=3431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/categories?post=3431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/tags?post=3431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}