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Coronavirus (COVID-19) Stimulus Calculator

The American Rescue Plan Act of 2021 was signed into law in March 2021. It includes a third round of stimulus payments. Use the calculator below to estimate what you may receive.

Have you filed your 2020 taxes: Yes No

What was your filing status in 2020:

Single/Married Filing Separately Married Filing Jointly Head of household

What was your adjusted gross income in 2020?

Number of dependents?

This newest round of stimulus payments (EIP 3) will be reconciled on the 2021 tax return. However, the prepayment will be based on the most recent information, between 2019 and 2020, that is on the IRS’s systems at the time of payment in late March. This includes your income and your dependent information.

If the IRS has processed your tax year 2020 return by the time your stimulus funds are disbursed, then you will receive stimulus funds based on your 2020 tax information. If the IRS has not processed your tax year 2020 return by the time your stimulus funds are disbursed, then the IRS will use your 2019 tax information to process your stimulus payment.

Frequently asked questions

The maximum income for the full credit is:

$75,000 for Single/Married Filing Separately taxpayers
$150,000 for Married Filing Jointly taxpayers
$112,500 for Head of Household

The credit phases out between:

$75,000 and $80,000 for Single/Married Filing Separately taxpayers
$150,000 and $160,000 for Married Filing Jointly taxpayers
$112,500 and $120,000 for Head of Household taxpayers

A couple filing Married Filing Jointly is not eligible for a stimulus payment if their income is $160,000 or greater. A Single taxpayer would no longer be eligible if their income is $80,000 or greater. A Head of Household taxpayer would no longer be eligible if their income is $120,000 or greater. The number of dependents has no bearing on the phase-out for this round three of stimulus.

If the IRS has processed your tax year 2020 return by the time your stimulus funds are disbursed, then you will receive stimulus funds through the same method used for your tax year 2020 return. If the IRS has not processed your tax year 2020 return by the time your stimulus funds are disbursed, then you may receive your stimulus funds through direct deposit information that the IRS has on file for you, or through a check or prepaid card in the mail.

Jackson Hewitt does not have the ability to view your EIP history or to access your account with the IRS. Please visit irs.gov for the latest updates and guidance regarding the latest round of EIP payments, when available.

American Rescue Plan Act of 2021: Frequently Asked Questions

A new COVID-19 economic relief package, named the American Rescue Plan Act of 2021 (ARPA) includes a third round of Economic Impact Payments (EIP), or stimulus, as well as changes to unemployment insurance and more. Below is what taxpayers need to know.