Use the calculator to estimate your one-time COVID-19 stimulus payment from the US federal government. These direct payments are part of the $2+ trillion stimulus package CARES Act passed in 2020 addressing the economic fallout of the coronavirus pandemic.

This federal stimulus payment in addition to any unemployment benefits paid by your state if you lost your job due to the coronavirus pandemic.

Calculator

Instructions and details are included below the calculator. The calculator will auto-update as you enter information.

The calculator is for informational purposes only, is not endorsed by any government agency, and cannot guarantee eligibility or payment amounts.

[related_posts_by_tax title=”See Also” format=”thumbnails” image_size=”medium” posts_per_page=”3″ include_terms=”58,66,71″]

Most single/unmarried Americans will receive $1,200 if they make $75,000 or less per year. Most married Americans who file their taxes jointly will receive $2,400 if they make $150,000 or less per year. Payments are also increased by an additional $500 for each dependent child who is age 16 or younger.

Payments are reduced by $5 for every $100 of income above the income limit, which means some Americans will receive reduced payments or no payment at all.

COVID-19 Stimulus Payment Calculator: Instructions and Explanations

Are you a US citizen or permanent resident?

Generally, you must be a US citizen or permanent resident to be eligible. You must also have a valid Social Security Number (SSN). Exceptions apply for members of the military.

Did you already file a tax return for 2019 or 2018?

In order to receive a payment, you must have filed either a 2019 federal income tax return or a 2018 federal income tax return, unless you received Social Security benefits (see below for details).

The federal government will use your most recent tax return to determine your income, filing status (see below), dependent children, and bank account information (if provided).

What was your filing status for your 2019/2018 taxes?

Your federal income tax return filing status affects your payment amount, including the income limit before your payment is reduced and phased-out.

Did someone else claim you as a dependent for 2019?

You cannot receive a payment if someone else claimed you as a dependent or will claim you as a dependent.

What was your adjusted gross income in 2019/2018?

Your adjusted gross income (AGI) affects your payment amount by phasing out payments for higher-earning Americans.

Your AGI can be found on Line 8b of your 2019 federal income tax return and on Line 7 of your 2020 federal income tax return.

The income limit for single and married-filing-separately filers is $75,000. The income limit for head of household filers is $112,500. The income limit for married-filing-jointly filers is $150,000.

How many children did you claim as dependents in 2019/2018?

You receive an additional $500 for each dependent child who is 16 years of age or younger, as indicated on your federal income tax return. Your children must also have valid Social Security Numbers (SSNs).

Did you receive Social Security benefits in 2019 or 2018?

If you did not file an income tax return in 2019 or 2018, you may still be eligible for a payment if you received Social Security benefits, including retiree and disability benefit payments.

You must have received a Form SSA-1099 or Form SSA-1042S for 2019 and/or 2018.

Did you receive your 2019/2018 tax refund by direct deposit?

If you receive your tax refund by direct deposit (or if you paid a balance due by direct ACH debit), the Internal Revenue Service (IRS) will use your bank account details to direct deposit your COVID-19 stimulus payment into your bank account.

If you receive your refund by check, your stimulus payment will be sent by check to the mailing address indicated on your tax return.

COVID-19 Stimulus Payment Calculator: Results

Eligibility Status for One-Time Stimulus Payment

The calculator indicates whether or not you appear to eligible for a one-time COVID-19 stimulus payment. Even if you are ineligible, you may still receive a tax credit on your 2020 federal income tax return if you qualify based on your 2020 income and status.

Estimated One-Time Stimulus Payment

The calculator returns your estimated one-time COVID-19 stimulus payment amount. The amount you receive is not taxable as income.

Most single/unmarried Americans will receive $1,200 if they make $75,000 or less per year. Most married Americans who file their taxes jointly will receive $2,400 if they make $150,000 or less per year. Payments are also increased by an additional $500 for each dependent child who is age 16 or younger.

Payments are reduced by $5 for every $100 of income above the income limit, which means some Americans will receive reduced payments or no payment at all.

Method of Payment

The calculator indicates the likely method by which payment will be made by the federal government.

Payment will be made by direct deposit if the IRS has your bank account information from your 2019 or 2018 tax return. Payment will be otherwise be made my check and mailed, including if your bank account information is no longer valid.

More Resources: Unemployment Benefits