$1,400, $600, $1,200 stimulus checks: How the 3 payments differMarch 3, 2021
The outlines of thelook different from the , as Congress continues to rework the and . But the goal for the is the same as the first and second checks: to people to start spending. To better help struggling Americans, with each payment Congress has reworked how to achieve that aim and has reworked to deliver and . With the , Congress continues to , which could result in that to or .
For a year, since that the version of the bill now with the Senate, we also have a good idea of how lawmakers intend to meet the same goals with the . Here’s how the three stimulus checks are similar and different., we’ve studied how Congress designed the first two payments to support families and assist the economy. From reading through
Each of the three stimulus checks is different
With each round of stimulus payments, the House and Senate has reworked the payment amount and eligibility guidelines. While we know most of the proposed— and they could change up to — 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 in sending out the payments. As the Senate takes up the bill this week, Democrats are considering lowering the upper income limit to receive a payment.
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, or $80,000 if Senate changes||$87,000||$100,000|
|Head of household upper limit||$150,000, or $120,000 if Senate changes||$124,500||$146,000|
|Filing jointly upper limit||$200,000, or $160,000 if Senate changes||$174,000||$198,000|
|Citizenship||Mixed-status families, where one member has a Social Security number||Citizens and noncitizens with a Social Security number||Citizens and noncitizens 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 .