Stimulus checks began going out on March 17th as part of the $1.9 trillion American Rescue Plan Act of 2021. Here is a summary of what you might expect to receive:
- $1,400 per individual.
- $1,400 stimulus payment for Joint filers with AGI under $150,000; single filers under $75,000. Joint-filer phaseout = $160,000; single-filer phaseout = $80,000.
- $1,400 for qualifying dependents.
- A family of four could receive $5,600 assuming income qualifying status.