{"id":3461,"date":"2020-04-14T10:23:40","date_gmt":"2020-04-14T15:23:40","guid":{"rendered":"https:\/\/cookco.us\/news\/?p=3461"},"modified":"2020-04-14T10:23:43","modified_gmt":"2020-04-14T15:23:43","slug":"heres-how-much-individuals-will-get-from-the-economic-impact-payments","status":"publish","type":"post","link":"https:\/\/cookco.us\/news\/heres-how-much-individuals-will-get-from-the-economic-impact-payments\/","title":{"rendered":"Here\u2019s how much individuals will get from the Economic Impact Payments"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Employed full or part time? Unemployed? A temporary or gig worker? Retired or disabled? Receive public benefits? Have no income? Most U.S. residents \u2013 under certain income levels &#8211; will receive the Economic Impact Payment if they are not claimed as a dependent of another taxpayer and have a Social Security number.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Here\u2019s how much the payments will be:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Eligible individuals will receive up to $1,200.<\/li><li>Eligible married couples will receive up to $2,400.<\/li><li>Eligible individuals will receive up to $500 for each qualifying child.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Taxpayers will receive a reduced payment if their adjusted gross income is between:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>$75,000 and $99,000 if their filing status was single or married filing separately<\/li><li>$112,500 and $136,500 for head of household<\/li><li>$150,000 and $198,000 if their filing status was married filing jointly<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Eligible taxpayers who filed tax returns for either 2019 or 2018 will automatically receive an <a href=\"https:\/\/lnks.gd\/l\/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMjgsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDA0MTQuMjAxMjMyOTEiLCJ1cmwiOiJodHRwczovL3d3dy5pcnMuZ292L25ld3Nyb29tL2Vjb25vbWljLWltcGFjdC1wYXltZW50cy13aGF0LXlvdS1uZWVkLXRvLWtub3cifQ.fdi5GDGhzQqXAC_iGBzRw128bIFClkVM42T2zfHIO40\/br\/77381173063-l\" target=\"_blank\" rel=\"noreferrer noopener\">Economic Impact Payment<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Payments will also be automatic for people who receive Social Security retirement, disability (SSDI), or survivor benefits or Railroad Retirement benefits who don\u2019t normally file a tax return. Those receiving these benefits who aren\u2019t claimed as a dependent on someone else\u2019s return or required to file a tax return are eligible for a $1,200 payment. However, people in this group who have qualifying children under age 17 will need to provide information using the <a href=\"https:\/\/lnks.gd\/l\/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMjksInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDA0MTQuMjAxMjMyOTEiLCJ1cmwiOiJodHRwczovL3d3dy5pcnMuZ292L2Nvcm9uYXZpcnVzL25vbi1maWxlcnMtZW50ZXItcGF5bWVudC1pbmZvLWhlcmUifQ.ueqcq46fcICOXWxmIwvgvtLnie5QGKmC2xv3dQ1YD0M\/br\/77381173063-l\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Non-Filers: Enter Payment Info<\/em><\/a> tool to claim the $500 payment per child.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The IRS encourages people to share this information with family and friends. Some people who normally don\u2019t file a tax return may not realize they\u2019re eligible for an Economic Impact Payment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For additional and updated information, visit the <a href=\"https:\/\/lnks.gd\/l\/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMzAsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMDA0MTQuMjAxMjMyOTEiLCJ1cmwiOiJodHRwczovL3d3dy5pcnMuZ292L2Nvcm9uYXZpcnVzIn0.Q5BNCiGt-shPNogm_YTgnUYxqhqXmu-F4bWwVg4XMqE\/br\/77381173063-l\" target=\"_blank\" rel=\"noreferrer noopener\">Coronavirus Tax Relief<\/a> page on IRS.gov.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employed full or part time? Unemployed? A temporary or gig worker? Retired or disabled? Receive public benefits? Have no income? Most U.S. residents \u2013 under certain income levels &#8211; will receive the Economic Impact Payment if they are not claimed as a dependent of another taxpayer and have a Social Security number. Here\u2019s how much [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3462,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"2020-04-14T15:23:55Z","apple_news_api_id":"ad5972c3-fc77-4bb8-8ec3-9ed09b3c5fce","apple_news_api_modified_at":"2020-04-14T15:23:56Z","apple_news_api_revision":"AAAAAAAAAAD\/\/\/\/\/\/\/\/\/\/w==","apple_news_api_share_url":"https:\/\/apple.news\/ArVlyw_x3S7iOw57Qmzxfzg","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-3461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax"],"apple_news_notices":[],"_links":{"self":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts\/3461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/comments?post=3461"}],"version-history":[{"count":0,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts\/3461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/media\/3462"}],"wp:attachment":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/media?parent=3461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/categories?post=3461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/tags?post=3461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}