True, you may not be eligible for a third stimulus check. What to know

Now that the Senate approved the COVID-19 relief package, a $ 1.9 trillion stimulus project it could become law as early as this week. Based on a series of changes made to the text of the bill (PDF), we now have a clearer idea of who can qualify for the third stimulus check – together with those who would not be eligible for the new one, Payment of $ 1,400.

Among several changes made by the Senate it is a lower income limit for individuals and families, which would disqualify 16 million people, reported The Hill. If changes persist as part of the updated stimulus verification equation, you could receive a new stimulus check in the coming weeks?

Compared to the first two checks, the new round would provide families with a much higher payment this time, especially if you have more dependents (calculate the estimated total of your check here) We also know that several things can change the result of your stimulus check, such as file your taxes sooner or even waiting until later. Here are who can stay out of receiving checks this time. This story has been updated recently.

When you file, your taxes may be tied to your stimulus verification eligibility

If you are at the limit of the income limits described below, When you filing your taxes can make the difference between qualifying for a partial check or not. This is because, for many, a the third stimulus check would arrive in the middle of the tax season. The language of the Senate version of the stimulus bill (PDF) suggests that the IRS will be directed to base your next stimulus, check your 2019 or 2020 taxes, which is on file when he processes your payment.

If you file your taxes sooner or request an extension, any action can influence which annual income amounts the IRS will use. If you won more in 2020 than in 2019, file later. If you were disqualified in 2019, but earned much less in 2020, depositing earlier may be advantageous for you. Read more details in our story about what taxes the IRS would use for stimulus calculations.

Individual contributors: Do not verify that your AGI is $ 80,000 or more

THE new stimulus check may start to decrease after $ 75,000, again “targeted” stimulus plan proposed in the Senate. If your adjusted gross income, or AGI, is $ 80,000 or more, you will not be entitled to a third payment of any amount. However, if you win between $ 75,000 and $ 80,000, you will be able to receive a portion of the check. You will receive the full amount if your annual income is less than $ 75,000. Here it is how to estimate the stimulus check total you could receive.

Proposed verification of stimulus for income limits (as of March 6)

	Total of $ 1,400 per person maximum (based on AGI)	Ineligible (based on AGI)
Individual contributor	Less than $ 75,000	$ 80,000 or more
Householder	Less than $ 112,500	$ 120,000 or more
Married couple filing	Less than $ 150,000	$ 160,000 or more

Households: No verification if you have an AGI of $ 120,000 or more

Similar to the single taxpayer cut, heads of households (people who do not file joint actions and claim a dependent) with an AGI of $ 120,000 or more are excluded from the new proposal. To obtain a partial stimulus payment, you need to make between $ 112,500 and $ 120,000. But to get the full amount, you need to earn less than $ 112,500 if you are the head of the household.

Married couples filing together: No verification if you have an AGI of $ 160,000 or more

If you and your partner are a couple filing a joint order and have an AGI of $ 160,000 or more, you will not be eligible for the third stimulus check under the new proposal. To qualify for the total payment of $ 1,400, your combined family income would need to be less than $ 150,000. The amount you could receive would be phased out after that amount until you reach the limit.

Non-US citizens or ‘non-resident foreigners’ would not receive a check

If you are considered a non-resident alien by the IRS, you will not be included in the third stimulus check. The government defines a non-resident foreigner as someone who “has not passed the green card test or the substantial presence test”. For example, if you are studying abroad in the USA.

With the first stimulus check, noncitizens needed to have a Social Security number and live and work in the United States to qualify for a payment. However, the second check changed the rules to allow families with a non-citizen spouse to qualify for a second stimulus check, even if you receive a taxpayer identification number (ITIN) from the IRS and not a Social Security number. See more below.

During the Senate vote on Saturday, Senator Ted Cruz offered a amendment to also prohibit undocumented immigrants of receiving a stimulus check, which was voted against 49-50.

Are non-citizens married to an American citizen eligible for their own stimulus check?

If you are considered a non-citizen, you may or may not receive a stimulus test, depending on some factors. Under Biden’s proposal, mixed status families with at least one family member who has a Social Security number can be eligible for the third stimulus check, assuming they meet the other requirements, including revenue limits.

What if you live in a U.S. territory like Puerto Rico?

With the first two stimulus checks, people living in Puerto Rico, the US Virgin Islands, American Samoa, Guam or the Northern Mariana Islands Community may have been eligible to receive payments. Whether these groups have qualified for verification in the past has been determined by the tax authorities in each territory. These agencies were also instructed to make payments. It is likely to be the same situation for the third stimulus checks.

If you have never received a payment for one or both of the previous stimulus checks, you will need to contact your local tax authority to ask.

I am not a filer and I generally do not report my taxes. What does this mean for me?

If you are a non-archiver and are not normally required to file income tax, you are probably eligible to receive the third stimulus check. However, if you are losing money from a previous check, you may need to take a step further to receive it by declaring your taxes this year. If there is a problem receiving part or all of a third check, it is likely that you will need to file a claim during tax season 202 a year from now. We will know more as soon as a third payment is approved.

What if a member of my family has died since filing my 2020 tax return?

It depends on which tax return the IRS uses (Look above). For example, if the IRS passes your 2019 income tax return, you are likely to keep the amount you received for the deceased person. With the first stimulus check, the IRS asked people to return the money to someone who died since the previous tax return. With the second check, if your spouse died in 2020 and your AGI was less than $ 112,500 per year, you would be eligible for the total amount of $ 600.

We will know more as soon as a third stimulus check is passed by Congress.

For more information, here is why you should set up direct deposit with the IRS now, four reasons to declare your taxes as soon as possible and who can qualify for a third stimulus check.