$1,400, $600, $1,200 stimulus checks: Biggest differences comparedFebruary 27, 2021
With the, Congress is heading down a different path than it took with . The destination is the same: Put . But the route Congress is following with the may look different to many who received or .
Theis part of a that and that Democrats are by the middle of March. In addition to to individuals and , the relief bill is set to through August, add funding for and potentially raise the .
We know how Congress designed the first two payments to help struggling families and boost the economy. From reading through the just-passed version of the House bill (PDF), we also have a good idea of how Congress intends to meet the same goals with the . Here’s how the three checks are similar and different.
No stimulus check is the same as the others
Congress has tweaked the amount and other details of the stimulus checks with each round it approves. While we know many of the proposed, there is one wild card. The IRS is in the , so it’s unclear if the agency may not be able to in a few days, as it did the second stimulus payments, or if there could be a delay.
Three stimulus checks, compared
|Third check (in the works)||Second check||First check|
|Maximum total (per adult)||$1,400||$600||$1,200|
|Dependents (flat rate)||$1,400 (any age)||$600 (16 and younger)||$500 (16 and younger)|
|Income to receive maximum amount||Under: $75,000 (single); $112,500 (head of household); $150,000 (married)||Under: $75,000 (single); $112,500 (head of household); $150,000 (married)||Under: $75,000 (single); $112,500 (head of household); $150,000 (married)|
|Single taxpayer upper limit||$100,000||$87,000||$100,000|
|Head of household upper limit||$150,000||$124,500||$146,000|
|Filing jointly upper limit||$200,000||$174,000||$198,000|
|Citizenship||Mixed-status families, where one member has a Social Security number||Citizens and non-citizens with a Social Security number||Citizens and non-citizens with a Social Security number|
|Date approved||By March 14||Dec. 27, 2020||March 27, 2020|
|First payments sent||To be determined||Dec. 29, 2020||April 13, 2020|
|Final payments issued||Dec. 31, 2021||Feb. 16, 2021||Feb. 16, 2021|
|Number of payments made||To be determined||Over 147 million||Over 160 million|
|Total dollar amount distributed||To be determined||$142 billion||$270 billion|
For more information, here’s what you, including and how to .