![]() ![]() ![]() If you receive Social Security, Railroad Retirement, or Veterans benefits, you do not have to take any action to receive the third payment. If you are eligible, you do not have to take any action to receive this third payment. This means you will not receive a third stimulus payment if your AGI exceeds: Payments will be phased out (or reduced) above those AGI amounts. You are eligible for the full amount of the stimulus payment if your adjusted gross income (AGI) on your latest tax return is less than or equal to: That includes those who used the “non-filer portal” for previous rounds of payments. Families with dependents of any age will receive $1,400 per dependent if they meet the income eligibility requirements.įor households who have already filed their income tax return for 2020, the IRS will use that information to determine eligibility and size of payments.įor households that haven’t yet filed for 2020, the IRS will review records from 2019 to determine eligibility and size of payment. Learn more about the second round of stimulus payments.Īs part of the American Rescue Plan of 2021, eligible individuals and families will automatically receive a third stimulus payment of up to $1,400 for individuals and head of households or $2,800 for married couples. ![]() If you received the first stimulus payment on a debit card, you will either get a new debit card or a paper check for the second stimulus payment. If you did not receive the payment by direct deposit, you should have received a check or debit card. Your payment will be issued based on information the IRS has on file for your 2019 tax return. If you are eligible, you do not have to take any action to receive this second payment. If you receive Social Security, Railroad Retirement, or Veterans benefits, you do not have to take any action to receive the second payment. If your income is above those amounts, your stimulus payment will be reduced by 5% of the amount by which your income exceeds the eligible income limit. ![]()
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