Stimulus Payment Calculator

Calculate your total COVID-19 stimulus payments (EIP1-3). See phaseout by income, per-dependent amounts, and AGI sensitivity analysis.

About the Stimulus Payment Calculator

The U.S. government issued three rounds of Economic Impact Payments (stimulus checks) during 2020-2021: $1,200/$2,400 per person under the CARES Act (April 2020), $600/$1,200 under the December 2020 relief bill, and $1,400/$2,800 under the American Rescue Plan (March 2021). Combined, a married couple with two children could receive up to $11,400.

However, these payments phase out with income. The phaseout starts at $75,000 AGI for singles, $112,500 for heads of household, and $150,000 for married couples filing jointly. Each round has different phaseout mechanics — EIP1 and EIP2 reduce by $5 per $100 of income above the threshold, while EIP3 uses a cliff that drops to $0 at $80K/$120K/$160K.

This calculator computes exact payments across all three rounds based on your filing status, AGI, and number of dependents. The AGI sensitivity table shows how income changes affect your total, while the dependent table quantifies the incremental value of each qualifying dependent.

Why Use This Stimulus Payment Calculator?

Many people are unsure whether they received the correct amounts, especially if their income was near phaseout thresholds. If you received less than entitled, you can claim the Recovery Rebate Credit on your tax return. This calculator verifies your correct amounts across all three rounds. Keep these notes focused on your operational context.

How to Use This Calculator

  1. Select your filing status (single, married, or head of household).
  2. Enter your Adjusted Gross Income (AGI) from your tax return.
  3. Enter the number of qualifying dependents.
  4. Review EIP1, EIP2, and EIP3 amounts individually.
  5. Check the AGI table to see phaseout effects at different income levels.
  6. Use the dependent table to verify per-child amounts.

Formula

EIP1: $1,200/single ($2,400/married) + $500/dep. EIP2: $600/single ($1,200/married) + $600/dep. EIP3: $1,400/single ($2,800/married) + $1,400/dep. Phaseout: EIP1-2 reduce by $5 per $100 over threshold. EIP3 cliffs to $0 at upper cap.

Example Calculation

Result: EIP1: $3,400 — EIP2: $2,400 — EIP3: $5,600 — Total: $11,400

A married couple with AGI of $100,000 and 2 dependents receives the full amounts for all three rounds — totaling $11,400. The phaseout does not begin until $150,000 for married filers. Each additional dependent adds $500 (EIP1) + $600 (EIP2) + $1,400 (EIP3) = $2,500.

Tips & Best Practices

Practical Guidance

Use consistent units, verify assumptions, and document conversion standards for repeatable outcomes.

Common Pitfalls

Most mistakes come from mixed standards, rounding too early, or misread labels. Recheck final values before use. ## Practical Notes

Use this for repeatability, keep assumptions explicit. ## Practical Notes

Track units and conversion paths before applying the result. ## Practical Notes

Use this note as a quick practical validation checkpoint. ## Practical Notes

Keep this guidance aligned to expected inputs. ## Practical Notes

Use as a sanity check against edge-case outputs. ## Practical Notes

Capture likely mistakes before publishing this value. ## Practical Notes

Document expected ranges when sharing results.

Frequently Asked Questions

How much was each stimulus check?

EIP1 (April 2020): $1,200/person ($2,400/married) + $500/dependent. EIP2 (January 2021): $600/person ($1,200/married) + $600/dependent. EIP3 (March 2021): $1,400/person ($2,800/married) + $1,400/dependent. Maximum for a married couple with 2 children: $11,400 total.

What are the income phaseout thresholds?

Phaseout begins at: Single $75,000, Head of Household $112,500, Married Filing Jointly $150,000. For EIP1 and EIP2, payments reduce by $5 per $100 over the threshold. For EIP3, payments phase out completely at $80K/$120K/$160K for singles/HOH/married.

What if I did not receive my full stimulus payment?

You can claim the Recovery Rebate Credit on your federal tax return (Line 30 of Form 1040). For 2020 returns, this covers EIP1 and EIP2. For 2021 returns, this covers EIP3. There is no deadline to retroactively claim by filing an amended return.

Do stimulus payments count as taxable income?

No. Economic Impact Payments are advance tax credits, not income. They do not increase your AGI, are not reported as income, and do not affect your tax bracket. They also do not reduce your refund or increase your tax liability.

Did dependents over 17 qualify?

For EIP1 and EIP2, only dependents under 17 qualified. For EIP3, all dependents (including adult dependents, college students, and elderly parents) qualified for the $1,400 additional payment. This was a significant expansion.

How were payments issued?

Payments were issued via direct deposit (if the IRS had bank information from recent returns), paper checks mailed to the address on file, or EIP debit cards. The Get My Payment tool on IRS.gov allowed tracking payment status.

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