the into law Thursday, making the official. The IRS and Treasury will start sending the out to and families via — if you qualify.
This is the third set ofrelief checks issued by the federal government since the start of the pandemic. And while each check has had different rules, the new check is especially different this time. For instance, the new payment is per person and also . However, it also adds the , resulting in (here’s ).
Below, we compare, and the third check of $1,400, which includes a massive change to the definition of . This story has been updated with new information.
All the differences between the three stimulus checks and how they affect 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 changes 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 , if you can and how to .
Three stimulus checks, compared
|Third check||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||March 11||Dec. 27, 2020||March 27, 2020|
|First payments sent||Scheduled to start March 13||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|
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