Who qualifies for the recent stimulus check?
The recent stimulus check, also known as the Economic Impact Payment, was a crucial financial support measure introduced by the government to alleviate the economic impact of the COVID-19 pandemic. This article will discuss who qualifies for this stimulus check and the criteria set by the government to determine eligibility.
Eligibility Criteria for the Recent Stimulus Check
1. U.S. Citizens and Resident Aliens
The first criterion for qualifying for the recent stimulus check is that the recipient must be a U.S. citizen or a resident alien. This means that individuals who are legally living in the United States and have a valid Social Security number are eligible to receive the payment.
2. Age Requirement
The second criterion is the age requirement. Individuals who are 17 years old or younger are automatically eligible for the stimulus check. For those who are 18 years old or older, they must meet certain income requirements to qualify.
3. Income Limits
The income limits for the recent stimulus check are based on the Adjusted Gross Income (AGI) reported on the previous year’s tax return. The following income limits apply:
– Single filers with an AGI of $75,000 or less are eligible for the full stimulus check amount.
– Married couples filing jointly with an AGI of $150,000 or less are eligible for the full stimulus check amount.
– Head of household filers with an AGI of $112,500 or less are eligible for the full stimulus check amount.
– Qualifying widowers with an AGI of $150,000 or less are eligible for the full stimulus check amount.
4. Non-Filers
The government also provided a special provision for individuals who did not file a tax return in the previous year. These individuals, including senior citizens, low-income workers, and those who are not required to file a tax return, were eligible to receive the stimulus check. They had to provide their information through the Non-Filer Tool on the IRS website.
5. Dependent Children
Dependent children, including those claimed as dependents on a parent’s tax return, are also eligible for the stimulus check. The payment amount for each dependent child is $500.
Conclusion
In conclusion, the recent stimulus check aimed to provide financial relief to eligible individuals and families affected by the COVID-19 pandemic. To qualify for the stimulus check, individuals must meet certain criteria, including being a U.S. citizen or resident alien, meeting the age requirement, having a specific income level, and possibly providing information through the Non-Filer Tool. By understanding these eligibility requirements, individuals can ensure they receive the necessary financial support during these challenging times.