Every major stimulus check difference between the $1,400, $600 and $1,200 paymentsMarch 6, 2021
The differences of thecompared to the are finally being revealed, as the Senate votes on of the . Considerable changes up to this point have included altering for a stimulus check by , which sits at .
Thewould from and if the Senate amendments become final. (See our chart below for more details.) Also, for yourself and could be delayed, pending details and changes to the third check’s income limits. (Here’s how you could .)
As with the first and second checks, anything could change between now and when the Senate concludes voting. For now, we can use the current version of the bill to determine where the lawmakers see the next stimulus payment going, and how the three checks stack up. This story was recently updated.
What the differences between the 3 stimulus checks mean for you
With each round of stimulus payments, the House and Senate have reworked the payment amount and. 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 works to complete its version of the bill this week, Democrats are looking to lower the income limit, the cutoff to receive a payment. That means some individuals and families could quickly phase out of receiving money with this round,.
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 .