$1,400 stimulus check versus $600 and $1,200 payments: New key detail and differences to knowMarch 8, 2021
Now that the this month.the and made some last minute changes, the is all but set in stone. The House must now accept the changes and start the process of to you, which President Joe Biden hopes to be
This would be third round ofrelief checks cut by the federal government in a year. Each round has revealed different priorities for lawmakers, who’ve remained divided on every aspect of the checks, including whether they should exist.
That tension once again plays out in the, which more than doubles the , while finding new . On the other hand, it also includes the , which will result in (here’s .) We’ll compare and to where the third check stands now, including a massive change to . This story has been updated with new information.
Stimulus check differences and what they mean for you
Each round of stimulus payments has varied on the maximum amount per person and how many people qualify to receive the check. The second check was the least generous on both counts, and took 9 months to become law. However, it also made some groups of people eligible who weren’t before, while sticking with the status quo on other provisions that more-progressive lawmakers wanted to revise.
The new check would change the game again, becoming more generous in some spheres,and families with , while also finding its way to fewer people than perhaps even the second check — at least .
Read on to see how the three checks stack up. For more information, here’s what you, including , how and how to .
Three stimulus checks, compared
|Third check (March 6 version)||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||$80,000||$87,000||$100,000|
|Head of household upper limit||$120,000||$124,500||$146,000|
|Filing jointly upper limit||$160,000||$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|