If the IRS sends a second stimulus check for up to $1,200, will you and your children qualify to get one? And what if you don't typically file taxes? Until leaders on both sides of the aisle officially resume negotiations in earnest and another stimulus package or piecemeal legislation is passed, we won't know for certain. But we can examine the first stimulus check's requirements for an idea of who may get a second payment based on income limits and a range of other qualifications.
If the rules shift, it's possible you might not qualify to get another round of stimulus money -- even if you got the first stimulus check. However, there is one new demographic expected to make the cut for a second direct payment, which could result in more relief money for your household. But before anything can happen, talks must restart.
Last week, both House Speaker Nancy Pelosi and White House Chief of Staff Mark Meadows expressed a willingness to resume negotiations and had an exploratory phone call. "It's critically important that we find some solutions," said Meadows. But the two sides remain trillions of dollars apart on how much they're willing to spend.
Read on for the lowdown on what we currently know about stimulus payment qualifications and check back for regular updates.
Second stimulus check: Here's might be eligible
While we won't know for certain who will qualify for a new stimulus payment until legislation is passed, we can draw from the first stimulus check's eligibility requirements to get an idea of who may or may not get a second check, including the income limits and number of dependents.
Both Republicans and Democrats are using adjusted gross income, or AGI, to determine the payment amount for individuals and families, which would cap at $1,200 for individuals and $2,400 for married couples.
Who might qualify for the next stimulus check
Qualifying group | Likely to be in final bill | Unlikely to be in final bill | Unknown |
---|---|---|---|
Individual | An AGI of less than $99,000, under both proposals | ||
Head of household | An AGI of less than $146,500, under both proposals | ||
Couple filing jointly income | An AGI less than $198,000, under both proposals | ||
Dependents of any age | No dependents limit specified, under HEALS Act | Up to three dependents, under Heroes Act | |
Noncitizens who pay taxes | Under Heroes Act | ||
Incarcerated | Under CARES Act | ||
Owe child support | CARES Act excludes those who owe child support. Heroes Act includes them | ||
US citizen living aboard | Included under CARES Act | ||
Live in US territory | Under CARES Act, payments handled by each territory's tax authority | ||
SSDI recipients | Included under CARES Act | ||
Non tax filers | Included under CARES Act |
More dependents may qualify for a second payment
The CARES Act took a narrow approach to defining a dependent and allowed a $500 payment only for a child age 16 or younger in the family. The HEALS and Heroes Acts both take a broader definition and allow any dependent you claim to qualify for a payment -- college students, children over 17, disabled relatives and taxpayers' parents.
The Democratic plan as outlined in the Heroes Act would cover $1,200 each, for up to three dependents, so a family of five people could receive a maximum of $6,000. We don't think this is a likely outcome in the final bill, considering the Senate has not addressed it.
Like the CARES Act, the Republican plan outlined in the HEALS Act would provide $500 for each dependent, but doesn't specify a cap on the number of dependents.
Who did not get the first stimulus check
For the payments authorized under the CARES Act, which became law in March, these groups were excluded:
- Single taxpayers with an AGI over $99,000
- Heads of households with an AGI over $136,500
- Married couples with an AGI over $198,000
- Children over 16 and college students under age 24
- Nonresident aliens, as defined by the US government
When will Congress agree on stimulus check requirements?
Right now, the timeline for discussions is up in the air. Talks between Republican and Democratic negotiators on the new stimulus package stalled, but the two sides have signaled they are willing to pick up the debate. The Senate is on break until after Labor Day and the House after passing USPS funding have nothing scheduled. An agreement in September is in the picture. After the sides reach a deal, the stimulus bill won't take effect until the president signs it into law.
While we won't know for sure until the two sides come together on the next stimulus package, we have a good idea of when a check could be sent if a new bill passes.
For more, here's what we know about the major proposals for a second stimulus package. We also have information on unemployment insurance, what you can do if you've lost your job, if you could receive two refund checks from the IRS and what to know about evictions.
Shelby Brown contributed to this report.
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