Direct Cash Payments
Am I eligible to receive a direct cash payment of up to $1,200?
- If you filed a tax return for 2019 or 2018, you are eligible for a payment. Individuals receive $1,200, married couples receive $2,400, and child dependents under 17 receive $500. If you are over 16 but claimed by someone as a dependent, you are not eligible.
What are the qualifying income levels?
- You will receive the full $1,200 payment if you have an adjusted gross income up to $75,000 for individuals and up to $150,000 for married couples filing joint returns.
- The payment is phased out for incomes between $75,000-$99,000 for individuals and $150,000-$198,000 for couples.
- Single filers with income exceeding $99,000 and $198,000 for joint filers with no children are not eligible.
- Social Security recipients and railroad retirees who are otherwise not required to file a tax return are also eligible and will not be required to file a return.
- Supplemental Security Income and Veterans Affairs beneficiaries are also eligible but will have to file a tax return in order to receive the rebate.
How will I receive my direct payment?
- The majority of eligible recipients do not need to do anything. The IRS will use your 2019 tax information to calculate the payment amount. If you have not yet filed 2019 taxes, the IRS will use information from your 2018 tax returns.
- The payment will be deposited directly into the same banking account reflected on the return filed, or mailed to you.
Where can I get more information?
- For more information, please visit the IRS’s page on the direct cash payments by clicking here.
This page was last updated on April 3, 2020.