The this month.the , but not without making some vital changes first. Before the can be , the House must accept the new changes that could affect your . President Joe Biden hopes the payments can be made starting
If approved, this would be the third round ofrelief checks issued by the federal government in one year. Each round has revealed different priorities for lawmakers, who’ve remained divided on every aspect of the checks, including whether they should exist.
The new payment isper person and could also . Oppositely, it also has the , resulting in (here’s .) Below, we compare and to where the third check stands now, including a massive change to . This story has been updated with new information.
Stimulus check differences and how they affect you
Each round of stimulus payments has varied on the maximum amount per person and how many people qualify to receive the check. The second check was the least generous on both counts, and took 9 months to become law. However, it also made some groups of people eligible who weren’t before, while sticking with the status quo on other provisions that more-progressive lawmakers wanted to revise.
The new check would change the game again, becoming more generous in some spheres,and families with , while also finding its way to fewer people than perhaps even the second check — at least .
Read on to see how the three checks stack up. For more information, here’s what you, including , how and how to .
Three stimulus checks, compared
|Third check (March 6 version)||Second check||First check|
|Maximum total (per adult)||$1,400||$600||$1,200|
|Dependents (flat rate)||$1,400 (any age)||$600 (16 and younger)||$500 (16 and younger)|
|Income to receive maximum amount||Under: $75,000 (single); $112,500 (head of household); $150,000 (married)||Under: $75,000 (single); $112,500 (head of household); $150,000 (married)||Under: $75,000 (single); $112,500 (head of household); $150,000 (married)|
|Single taxpayer upper limit||$80,000||$87,000||$100,000|
|Head of household upper limit||$120,000||$124,500||$146,000|
|Filing jointly upper limit||$160,000||$174,000||$198,000|
|Citizenship||Mixed-status families, where one member has a Social Security number||Citizens and noncitizens with a Social Security number||Citizens and noncitizens with a Social Security number|
|Date approved||By March 14||Dec. 27, 2020||March 27, 2020|
|First payments sent||To be determined||Dec. 29, 2020||April 13, 2020|
|Final payments issued||Dec. 31, 2021||Feb. 16, 2021||Feb. 16, 2021|
|Number of payments made||To be determined||Over 147 million||Over 160 million|
|Total dollar amount distributed||To be determined||$142 billion||$270 billion|
The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.