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Home / Tips and Tricks / Stimulus Check: What is your AGI and what does it have to do with another payment?

Stimulus Check: What is your AGI and what does it have to do with another payment?



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How much incentive money you can potentially get depends on this tax limit.

James Martin / CNET

After the Senate returned from its August break this week, negotiations are expected to resume via another coronavirus Stimulus package and possibly a second stimulus test for those who to qualify. Both Democratic and Republican leaders say they want to deliver up to $ 1,200 per adult. But exactly how much of that you’d walk away would depend on your Adjusted Gross Income, or AGI on yours 2019 federal tax return. (Here is our stimulus check calculator for an estimate.)

If another stimulus test is approved (here are the previous proposals), it will likely follow the basics outlined in the first stimulus test authorized in March CARES Act. That is, up to $ 1,200 for single applicants with an AGI of under $ 75,000 per year, or $ 2,400 for joint applicants under $ 125,000 per year. The Senate plans to introduce one “thin” coronavirus relief bill This week, and while it does not include another stimulus payment, it could spark a move for another direct payment either by Congress or even through executive action.

This is exactly what an AGI is, how to find yours, and how it can be used to measure how much money you could get if a second stimulus check is done.

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What is your AGI and why do you need it?

Your AGI is your Adjusted Gross Income – a measure of income that is calculated from your total income to determine how much the state can tax. Your gross income is the sum of all the money you make in a year, including wages, dividends, alimony, capital gains, interest income, royalties, rental income, and retirement payments. AGI takes into account permissible deductions from your gross income (such as student loan interest, alimony, or pension contributions) to determine how your income tax is calculated. Your AGI is reported on the IRS Tax Form 1040.

Since this is a rough estimate of how much money you will bring in after subtracting all of your income streams, the IRS will use your AGI to calculate how much of the $ 1,200 maximum stimulus check you can get.

How to find your AGI if you filed taxes in 2019

When you’ve filed your 2019 tax return, pull out your paperwork. If you’ve used tax return software like TurboTax or H&R Blockyou should be able to log into these accounts to find a copy of your return.

You can find your AGI in line 8b of the 2019 federal tax form 1040.

How to find your AGI if you haven’t filed taxes in the last year

If you did not file federal taxes in 2019, you can find your AGI in your federal tax return for 2018. On the 2018 federal tax form 1040, you will find your AGI in line 7.

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An IRS 1040 income tax form for the 2018 tax year. You can find your AGI on line 7.

Daniel Acker / Bloomberg / Getty Images

How To Find Your AGI If You Don’t Have A Copy Of Your Tax Return

If you just can’t find your tax return, there are two ways to find it:

Method 1: Go to the IRS Get the transcript Portal and choose Get the transcript online. You need your social security number, your date of birth, your registration status and your postal address from your last tax return. You will also need access to your email address, personal account number from a credit card, mortgage, home equity loan, line of credit or car loan, and a cell phone with your name on the account. Once your identity has been verified, choose the one Tax return transcript and only use the “Adjusted Gross Income” Line entry. Here you can display or print out your information.

Method 2: If you don’t have internet access or the required documents to verify your identity, you can use them Get the transcript Portal and choose Get the transcript by emailor call 1-800-908-9946 to request a tax return. Delivery to you takes around five to ten days.

How to use your AGI to find out how much stimulus money you could get

Should another economic aid package be successful, it depends on your AGI, your registration status (single versus joint) and the number of your relatives how much money you would receive with a second stimulus check. You can read our story on How do you calculate how much money you would get with a second stimulus check? Here are some examples of how it can break down for you depending on your situation.

Individual taxpayers with a Social Security Number and AGI under $ 75,000 will receive the full amount of $ 1,200. As your AGI increases, the amount that you are entitled to decreases. If your AGI is $ 99,000 or more, you are not eligible for stimulus testing.

Filing as head of household will give you the full check for $ 1,200 if your AGI is $ 112,500 or less. The amount will decrease until you reach $ 146,500. From this point on you are no longer authorized.


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If you are a married couple filing together with no children and your AGI is less than $ 150,000, you will receive a payment of $ 2,400. This amount will decrease until you reach $ 198,000. From this point on you will no longer be eligible for a check.

The HEALS Act and the Heroes Act differ when it comes to child addicts. If the HEALS Act is passed, you can expect to receive $ 500 per dependent. If the Heroes Act passes, you can expect to get $ 1,200 per dependent, up to three.

More information can be found here if you are qualified for a second stimulus test and when you can expect a second stimulus check. If you haven’t received an initial stimulus check, you can Track the status of your stimulus check, learn How to report your missing check to the IRS and find possible Reasons why your stimulus check has not yet arrived.

Katie Conner contributed to this story.


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