A payment of $ 1,200 could still be sent in 2020


Can negotiators formally resume discussions for another stimulus program , or relief from the coronavirus takes another form, there is always a possibility that you may see a second stimulus check for up to $ 1,200 per person in 2020.

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Calculate the maximum payout that could end up in your pocket if another stimulus package comes your way. Sarah Tew / CNET

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“We all want to strike a deal,” Nancy Pelosi told MSNBC on Aug. 27.

A number of factors will affect the amount of money you may receive. Negotiators will first have to compromise on the size of the next bailout bill, how much of that money will go to direct payments and what would be the qualifications based on factors like your adjusted gross income.

If the parameters of the first stimulus check are used as guidelines for a new round of payments, we can help you determine how your stimulus check might come up and calculate the maximum you might get for your particular scenario. Read on for all the details we know. We update this story regularly.

Senator Mitch McConnell: “I have not lost hope” on the second stimulus package

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Could you get the full $ 1,200? How to start calculating

the HEALS Law of the Senate starting in July proposed an upper limit of $ 1,200 per qualified person, but that doesn’t mean you’ll get everything. Your tax return status – specifically your adjusted gross income or AGI – is the most important factor in determining the amount of stimulus money you could receive. Let’s say you are personally eligible for the full $ 1,200 (learn more about income limit qualifications here), but what about the rest of your family?


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The first stimulus check, issued as part of the Loi CARES bipartite, omitted dependent children aged 17 or over and students under 24. The Republican HEALS Act plan would include $ 500 for dependents regardless of age, including children and adults that you claim on your tax returns.

The calculations can be tricky, because they take into account your income, your dependents and whether you have declared single, married or head of household. The numbers below are based on this Washington Post calculator, and might shed some light on what you might get.

What is the maximum amount of stimulus money your household could receive?

Depending on how the negotiations go, the total amount your family might receive could change. Here’s a look at the caps in place to give you an idea of ​​what government leaders think.

Loi CARES: With the CARES law of March, there was no limit to the number of children who could count as dependents, as long as they were under 17 and claimed by the taxpayer on the tax return, according to the Tax foundation. Each dependent would earn the taxpayer $ 500. Theoretically, a family in which two adults and six children under 17 are entitled to the full amount could receive $ 5,400.

HEALS Act: Similar to the CARES Act, the Republican-proposed HEALS Act does not mention a cap on how much a family can receive. The difference is that this does not limit dependents under the age of 17 to qualify for the $ 500 payment.

Heroes Act: The Heroes Act, developed by the Democratic-led House and never taken up or opposed by the Senate, would place a cap of $ 6,000 for households of five or more. Essentially, it is offering $ 1,200 for each adult and dependent, with a maximum of three dependents per family.

How much stimulus money you might get from a second round of checks is still undecided.  James Martin / CNET

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How much stimulus money you might get from a second round of checks is still undecided. James Martin / CNET

Three Ways a New IRS Stimulus Payment Could Happen

While there’s no official plan yet, it’s likely that receiving that second stimulus check would work much like the first time around.

Direct deposit: If you filed taxes in 2018 or 2019 and included direct deposit banking information, chances are you can receive your check in direct deposit. Even if you haven’t filed your direct deposit information with the IRS during tax season, you should still be able to register. If you asked an extension on your taxes, you can still file them before the October 15, 2020 deadline and choose to share your direct deposit information with the IRS. If another round of stimulus payments is allowed, the IRS is likely to reopen the online tool it used for the first round and then let you save your information.

A paper check in the mail: If you don’t register your bank details with the IRS, you will likely receive a paper check in the mail, which you can deposit or cash. If you have recently moved, be sure to file your change of address documents. The IRS will use your last known address, which could delay delivery of your check or cause a delay.

EIP plan: Under the CARES Act, about 4 million people also received money in the form of prepaid. ” economic impact payment“, Which you can spend like cash. Cards are presented in plain, unmarked envelopes.

Learn about all the finer points of stimulus verification here.

When will Congress decide on a second stimulus control plan?

That’s the trillion dollar question. The Senate is adjourned until after Labor Day and does not plan to resume its sessions until September 8. funding for the USPS as well as. At this point, it doesn’t look like this bill will include stimulus check payments, but the Senate proposal has yet to be released, so we don’t know for sure.

Here’s more information on how the timeline might play out if a bill passes, including when the IRS was able to send the first checks.

If you are still waiting for your first stimulus control, here are 10 possible reasons for a delay, what you can do if you think your payment has been lost or has fallen through the cracks and if you could receive two IRS rebate checks.

Shelby Brown and Alison DeNisco Rayome contributed to this report.

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