Navigate the complexities of the proposed HEALS Act stimulus check with our easy-to-use calculator. Quickly estimate your second stimulus payment eligibility and amount based on your adjusted gross income, filing status, and number of dependents. Understand the potential COVID-19 relief funds you could receive.
Formula:
Your stimulus check amount is calculated based on a base payment, an additional amount for dependents, and a potential reduction based on your Adjusted Gross Income (AGI) and filing status.
- Base Payment: $1200 per adult ($2400 for Married Filing Jointly)
- Dependent Bonus: +$500 per dependent
- Phase-out Reduction: -$5 for every $100 AGI above specific thresholds ($75,000 Single, $112,500 Head of Household, $150,000 Married Filing Jointly)
Note: This calculator is based on the proposed HEALS Act details and should be used for estimation purposes only.