These guidelines may change as negotiations unfold. Joint filers who earn up to $150,000 per year were also eligible for the entire amount.ĭependents up to age 23, as well as senior parents living with adult children, will qualify families for additional $1,400 payments, too. Third stimulus check amount: How much will you get?Īs it stands, the third stimulus check is worth $1,400 for Americans who make $75,000 or less per year.

Current framework calls for a $1.9 trillion package. But as we saw last year, government spending is a divisive issue in negotiations.

As the omicron variant stokes worries of another shutdown in the US, there has been no indication a fourth stimulus check will be sent. In a best-case scenario, a package is passed before March 14. The third stimulus checks, officially known as Economic Impact Payments, were sent to Americans who earned less than 75,000 as an individual. That's a simplified version of a process that could face numerous complications. Since the framework is already in place, Americans could begin receiving their stimulus checks about two weeks after a relief bill is approved. Then the IRS can begin sending out checks in the same manner it sent the first $1,200 check and second $600 check. As soon as the Senate approves the legislation, it can go to the President for a signature. The Senate would receive a House-passed bill the week after that. If those steps are completed, the House can hold hearings and vote on the bill next week.

Will there be a third stimulus check