If you’re wondering whether you’re eligible for the third round of stimulus checks worth $1400, you’re not alone. The eligibility criteria for the stimulus checks can be complicated, and it’s essential to know whether you qualify for the payment.
To help you determine your eligibility, we’ve created this comprehensive guide on stimulus check qualifications.
Who is Eligible for the $1400 Stimulus Check?
The American Rescue Plan Act, signed into law in March 2021, provides stimulus checks worth $1400 to eligible individuals. To be eligible for the stimulus payment, you must meet the following criteria:
- You must be a U.S. citizen or a resident alien with a valid Social Security number.
- You must not be claimed as a dependent on someone else’s tax return.
- You must have an adjusted gross income (AGI) of $75,000 or less if you’re a single filer, $112,500 or less if you’re a head of household, or $150,000 or less if you’re married filing jointly.
- Your AGI must not exceed $80,000 if you’re a single filer, $120,000 if you’re a head of household, or $160,000 if you’re married filing jointly.
If you meet these criteria, you may be eligible for the $1400 stimulus check. However, there are some additional factors to consider.
Factors That Could Affect Your Eligibility
If you have outstanding child support payments, your stimulus check may be reduced or withheld entirely. The same applies if you owe back taxes, student loans, or other debts.
If you’re a nonresident alien, you’re not eligible for the stimulus payment. Additionally, if you don’t have a valid Social Security number, you won’t qualify for the payment.
How to Check Your Eligibility
To check your eligibility for the $1400 stimulus check, you can use the online tool provided by the IRS. The tool is straightforward to use and will provide you with a quick answer on whether you’re eligible for the payment.
To use the tool, you’ll need to enter your personal information, including your Social Security number, your filing status, and your AGI. The tool will then calculate whether you’re eligible for the payment and, if so, how much you can expect to receive.
In conclusion, determining your eligibility for the $1400 stimulus check can be a complicated process. However, by understanding the eligibility criteria and the additional factors that could affect your payment, you can determine your eligibility and avoid any surprises.
We hope this guide has been helpful in providing you with the information you need to determine whether you’re eligible for the stimulus payment. If you have any further questions or concerns, please consult with a tax professional or financial advisor.