Coronavirus (COVID-19) Stimulus Calculator

Eligible individuals filing as single or married filing separately must not exceed $75,000 for the full amount. Others filing as head of household must not exceed $112,500, and those filing jointly must not exceed $150,000 for the full amount.

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.