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Stimulus check question

 
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amother




OP
 

Post Sun, Dec 20 2020, 6:23 pm
I bh jad a baby over covid time. Anyone know if the baby will be counted as another 600$ in stimulus check? Could really use the money.
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baby12x




 
 
 
 

Post Sun, Dec 20 2020, 6:26 pm
Last time it wasn't but they said it would be possibly adjusted at tax time.

It really depends on the language of the bill they pass and how they decide to calculate it
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amother




Ivory
 

Post Sun, Dec 20 2020, 7:19 pm
They'll go based off your last tax returns
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amother




Pink
 

Post Sun, Dec 20 2020, 7:21 pm
How much is the stimulus per person and children this time around?
Also what is the income guidelines.
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amother




OP
 

Post Sun, Dec 20 2020, 7:41 pm
600$ per person, including kids. Income 75,000 per person. Unsure if it means 150 000 per family like last time.
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Hashem_Yaazor




 
 
 
 

Post Sun, Dec 20 2020, 7:47 pm
Yes married can make double the income.
This is a tax credit given early, so when filling 2020 taxes and you report your dependents then, anyone who didn't get the stimulus funding would get the credit at that time.
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amother




Pink
 

Post Sun, Dec 20 2020, 7:51 pm
amother [ OP ] wrote:
600$ per person, including kids. Income 75,000 per person. Unsure if it means 150 000 per family like last time.


Last time we got it based on our 2018 return and now will be based on 2019 return which was higher income.
So wondering 2 adult and 7 children up-to how much income to still be eligible?
I really could use the stimulus money now....
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Fave




 
 
 
 

Post Sun, Dec 20 2020, 8:04 pm
amother [ OP ] wrote:
600$ per person, including kids. Income 75,000 per person. Unsure if it means 150 000 per family like last time.


Why am I seeing that only kids over 16 will be qualified as dependents that will receive the 2nd stimulus?

ETA: I understand now - the second stimulus will include all dependents, even kids 16 and older (they were not included in the first stimulus payment).
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amother




Maroon
 

Post Sun, Dec 20 2020, 8:36 pm
when are we getting the second stimulus check?
I'm making a Bar Mitzva and I have no idea how we'll pay for it, maybe this can help us!!
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amother




OP
 

Post Sun, Dec 20 2020, 8:56 pm
amother [ Maroon ] wrote:
when are we getting the second stimulus check?
I'm making a Bar Mitzva and I have no idea how we'll pay for it, maybe this can help us!!


Assuming it becomes official, they are saying as early as January.

Mazal tov!
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