On Friday, thefor President Joe Biden’s , paving the way for of finalizing the relief bill with a for . This money, however, will likely be . That means that depending on how much you earn, you could get a much bigger check for you and your family — or nothing at all.
We won’t know exactly what’s going to happen until Congress passes a final version of the bill. Ifis approved and follows the same , it would , compared to the . But with , there could be a lower cutoff point to qualify.
Even so, aor a new development in your own life circumstances could also get you and your family than you got in the . We’ll walk through some hypothetical situations that may happen. This story was recently updated with new information.
Dependents could be eligible for $1,400 apiece
More dependents —— could be eligible for a third stimulus check, and could also be qualified to receive a bigger payment than child dependents got with the first check (up to $500) and the second check (up to $600).
Biden’s proposal would also make each dependent count toward $1,400 apiece, The Washington Post reported. This money would be added on to the family’s total payment, however — it wouldn’t arrive as a separate check for those dependents. So in theory, a family of four that met could receive .
It isn’t clear if there would be a cap on the number of dependents you could claim in this situation.
More dependents could be eligible overall
? That depends on the definition in the . For the , a dependent is any child aged 16 or younger, but previous proposals from Democrats seek to expand the definition to include anyone you can claim on — such as children over 16 and adults under your care.
If Congress approves Biden’s proposal — and again, all of this is still in flux — that could bring your family more money by raising the number of overall dependents, including college students, dependent children with disabilities over 17 and.
It also isn’t clear if the new qualifications would only apply to people excluded in the first two rounds, as a make-up payment, or if each third stimulus check would also come with a fresh injection of cash per dependent. Try our.
If you have a new dependent this time around, your family could get more money
If you had or adopted a new child, or if an older relative moves in, or if for whatever reason you gain a dependent since the last check, you may see a larger check because you’ve added a new dependent since the last stimulus round.
Families who are considered ‘mixed-status’ could qualify for a payment
According to Biden’s stimulus plan, morewould be eligible for a stimulus check. The for the first check by making it possible for families where to be eligible for a check. Biden’s proposal would work with more scenarios; for example, it would potentially provide stimulus check money to a household of US citizen children with noncitizen parents.
Changed jobs this year? Here’s how that could impact your payment
If you became unemployed this year or your wages dropped, that could, which is used to determine your payment. For example, if you got a partial payment with the first or second check, a third check could bring you a full payment if you’re no longer employed.
What about if you just got married and are filing jointly?
Depending on several variables that include your spouse’s filing status and any new dependents, a change in marital status could result in a larger check. For example, if you were single and filing alone, you got $1,200 at most the first time around. Married, you could be eligible for up to $2,400, sinceis based on your combined household income.
If a third stimulus check arrives for $2,000 per person, your spouse could double it to $4,000. Alternatively, if yourwould only get you a on your own, filing jointly with a spouse with an income under the threshold could qualify you for the whole check total.
Sharing custody of a child could impact your payment
If you meet specific qualifications, you and the child’s other parent. That means you could get an extra $500 or more in the third stimulus check, especially if anything in your situation changed between the time you filed your 2019 tax return and your future 2020 return. The third check allowance would be based on your .
A rule change involving inmates might become permanent
A federal judge has ruled that. If the ruling stands, these people may be entitled to a third stimulus check as well as the first two, with more potential money for dependents.
Stimulus check status for people who are undocumented residents isn’t definite, but doesn’t look good
Democrats have proposed thatfunds if they pay taxes (through an ITIN number). This provision was that passed the House of Representatives in two forms, but which isn’t law. Currently, you need to have a Social Security number to be eligible for a stimulus check.
If a third stimulus check arrives, that would mean this group could potentially get a check for thousands of dollars. It seems unlikely to happen, however: On Feb. 4, the Senate passed a bill blocking stimulus payments from undocumented immigrants. (This has no impact on eligibility for .) While this is not binding, it seems unlikely that senators will change their position now that they are on the record, according to The Hill.
Here’s everything else you, including , and how to .