fbpx
Skip to content Skip to footer

Who gets the $1400 stimulus check?

After months of negotiations the $1,400 stimulus check has been approved and ready to go! In this article, we will give you the basic fact of the stimulus check.

Who is eligible for the third stimulus check?

If you are a: 

  1. U.S Citizen, U.S. resident alien.
  2. Not a dependent on someone else’s tax returns. 
  3. Makeunder $75,000 as a SINGLE Individual.
  4. Makeunder $150,000 if married and filing jointly 
  5. Make Under $112,500 if filing as head of household. 

Your check eligibility will depend on your filing status and how you file your tax returns. Meaning as single, married, and filing jointly, or head of household). 

How is the IRS going to Determine my eligibility?

The IRS is going to use your most recent tax returns of 2019-2020, this means if you have not filed your 2020 tax returns; the IRS will use your 2019 to determine what you qualified for. If you did NOT file your tax returns for any of these years; you may register for the first Economic Impact Payment using the special Non-Filers portal last year.

Social security recipients can expect to receive their third stimulus check just like they should have received the last two. 

How much is the third stimulus check?

Anyone filing as a single on their tax returns can expect to get the $1,400.00. Married couples filing their tax return jointly can expect to get $2,800 plus,$1,400.00 for every dependent on their tax returns. 

Reference: https://www.irs.gov/newsroom/more-details-about-the-third-round-of-economic-impact-payments

Related Posts
Certified Tax Preparer vz Online Tax Filing
Certified Tax Preparer vs Online Filing

When you first start filing your tax returns, one of the many questions that come into mind is; should I Read more

Filing your Tax Return in a Pandemic (COVID-19)

With rules changing on sudden notice and many businesses having to enforce limits & restrictions on their premises. It is Read more

What does a Notary Public mean?

If you are the one who engages in business outside his country or deals with overseas legal documents, you need a Read more

10 Common Bookkeeping Mistakes & How to Avoid Them
Bookkeeping

Are you tired of struggling with bookkeeping mistakes that can jeopardize your business? Look no further! Barron Income Tax has Read more

10 Common Tax Return Errors to Watch Out For

Tax season frequently emerges as one of the most anxiety-inducing periods in the lives of taxpayers. Meeting the stringent filing Read more

10 Smart Tax-Filing Tips For Small Business Owners
10 Smart Tax-Filing Tips For Small Business Owners

Are you a small business proprietor dreading the impending tax season? The prospect of delving into heaps of paperwork and Read more

11 Tips for Better Small Business Bookkeeping
Small Business Bookkeeping

Keeping track of your small business's finances can sometimes feel like navigating a complex web, especially if accounts aren't your Read more

3 Easy Steps to Amend Your Tax Return if You Made an Error in California
Tax Amendment Errors in California

Did you know that even a small error on your tax return can cause significant headaches and potential penalties? Don't Read more