Calculate Second COVID Check Amount ($600 with ITIN?)

Calculate your Stimulus check payment. You can receive more than $600 as Single parent with kid. Final amount is reduced as your income grows.

Anil Gupta
  By Anil Gupta    Updated  6 Jan, 21


Most people are anxiously looking to find out how much money will be sent by the new Coronavirus CARES ACT.

Use the calculator here to find out the money you can expect to get in the next 4 weeks.


Calculate COVID relief amount for H1B, H4 spouse Kids with ITIN >

Where is Adjusted Gross Income?

If you have already filed your 2019 tax return using software like TurboTax, HR Block or TaxAct, you can find your AGI on line 8b on the tax return statement form 1040:

Adjusted gross income - 1040 for 2019
Adjusted gross income – 1040 for 2019

Use 2019 AGI if it is available. If not, use the 2018 AGI.

Adjusted gross income for the year 2018 On Form 1040 will be on Line 7 on page 2:

Adjusted Gross Income is on Line 7 - IRS form 1040
Adjusted Gross Income is on Line 7 – IRS form 1040

Children

Enter the number of Children you claimed on your tax return 1040 in either 2019 or 2018. Only claim the child if they have their own SSN.

Number of children from 1040 tax return
Number of children from 1040 tax return

If your child does not have SSN, then you would have not got ‘Child Tax Credit’ in 2019. You cannot claim this child for the Stimulus payment check either.

The highlighted dependent portion (in red) form above form 1040 on Page 1 will be blank for you if your child has ITIN but no SSN.

Filing Status

Many people file Married filing jointly return even if the spouse does not work. You can find what you selected in your 2019 return on Page 1 of your 1040 return form.

Filing status on IRS tax return 1040 form for 2018 and 2019
Filing status on IRS tax return 1040 form for 2018 and 2019

Possible options are Single, Married filling Jointly, Married filing Separately, Head of Household and Qualifying widower.

FAQ

How many times the Check will be Sent to Americans?

Only one payment will be sent and that too only once for each eligible American.

US citizens, green card holders, and legal work visa holders are included.

How will the payment will be sent?

IRS will do a direct deposit in your bank account if they have it on file from your 2018 or 2019 tax return.

If they do not have your bank account details, they will mail a check to your last known address.

Is the Stimulus Check payment Taxable?

There is no income tax to be paid on the check that will be sent by the IRS as part of the Coronavirus Economy Stimulus bill.

Will I receive payment If my Single Income was above 99k but have Children?

You should receive a child allowance even if your total income was more than $99,000 and you filed as ‘single’.

Do we need to apply with IRS to be eligible for Stimulus bill Payment?

There is no need to register to get COVID relief second check.

Your income tax return will be used to find your eligibility and send out a payment to you.

How soon the payment will be sent?

Once the bill is passed, the payment should be sent within 3 weeks as told by Trump. It may be delayed though.

Are people with ITIN eligible to get a check?

People with ITIN and no SSN are not eligible for a payment check.

How many maximum kids are allowed for payment?

There is no maximum limit mentioned in the Senate’s version of the stimulus bill.

We have assumed it to be 6 though for the purpose of calculating your benefit amount.

Are Legal Visa workers going to receive Payments?

Legal workers in the USA working using H1B or L visas are eligible for the payment under this act as they pay income taxes.

I am living on Social Security, will I get a Check too?

People living on social security with no other income are also included in the bill and will receive payment.

As long as you received an SSA-1099 form (the Social Security benefits statement), the government will send you a payment. You can expect the money in the same account that you get your Social Security payment.

Retirees and people on disability are also eligible for this one-time payment.

Which Year’s tax return will be used to Calculate payment?

IRS will first look at your tax return filed in 2020 for the year 2019. If you have not filed a 2019 return yet, they will look for the year 2018.

If none is found, you may be out of luck.

Are High income Earners Excluded from This Payment?

The income level has been defined and it does reduce the amount of money that one can receive by 5% over and above a threshold.

Are Undocumented & Illegal People Scheduled to Receive this Payment too?

The bill excludes non-resident aliens like B1, F1 visa holders from the benefit.
People who file income taxes, have SSN, and are legally working in the US on work-based visas are eligible.

Undocumented migrants filing income tax with ITIN are not eligible.

Is a US citizen or Green card holder living Outside US Eligible?

You are eligible to receive a check as long as your filing the income returns and can pass the IRS substantial presence test.

More Than One Payment in Future?

Trump has spoken about more payments in case they are required. At this time, the CARE ACT bill only talks about a single payment.

The economy is suffering with 3 million job losses and unemployment claims at all time high. Trump government will evaluate the situation in mid-April again.




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Anil Gupta
  By Anil Gupta           

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