Will I get a check?
That depends. You need to (1) meet the income eligibility and (2) file a tax return, even if you don't owe.
How much will I get?
A single filer who is eligible for the full amount will receive $1,200. Joint filers eligible for the full amount will receive $2,400. If you have children, you will also receive $500 per child. So as an example, a family of four eligible for the full amount will receive $3,400. ($2,400 + $500 x 2 kids.)
Am I eligible?
The rebate amount starts phasing out at $75,000 for a single filer and $150,000 for joint filers. Filers who are under this amount will receive the full rebate. Single filers with an income between $75,000 and $99,000 will receive a partial rebate. Single filers over $99,000 will not receive a rebate. Joint filers with an income between $150,000 and $198,000 will receive a partial rebate. Joint filers with an income over $198,000 will not receive a rebate.
How do I get the rebate?
If you filed a tax return in 2018 or 2019, or you receive Social Security benefits, you will receive the rebate automatically. If you provided bank account information to receive your tax refund as a direct deposit, you will receive your rebate that way. If you did not provide information for direct deposit, you will be mailed a rebate check to the address provided on your 2018 or 2019 tax return, whichever you filed most recent. If you did not file in 2018 or 2019 but you receive Social Security benefits, you will receive the rebate the same way you receive your Social Security benefit.
What if I didn't file a tax return in 2018 or 2019?
You will need to file a return to receive your rebate. This includes seniors who receive Social Security benefits and don’t typically file a return. The IRS is preparing a simplified form for filers who don’t typically file a return to use. That simplified form is expected to be available soon at irs.gov.
How soon will I get this rebate?
Congress directed the IRS to send the rebates as rapidly as possible. With that said, it could still take a month or longer. The fastest way to receive your rebate is if you already filed a tax return and provided your direct deposit information. If you have not done that, you should file as soon as possible. For information, including potentially free options, go to irs.gov.
Will I have to pay taxes next year on the rebate?
No, the rebate is nontaxable income.
If I am receiving or expect to receive unemployment benefits, can I also get the rebate?