How Much Is the Third Stimulus Check 2024?

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Overview of Third Stimulus Check

  • The third stimulus check is worth $1,400 for Americans who make $75,000 or less per year.
  • President Joe Biden proposed the third round of payments to supplement the $600 payments.
  • Eligible individuals may receive up to $2,000 total from December to April.

Eligibility and Payment Details

  • Being a U.S. citizen, Green Card Holder, or qualifying resident alien is required.
  • You cannot be claimed as someone else’s dependent to get the third stimulus check for yourself.
  • Additional $1,400 can be claimed for dependents with an SSN or ATIN.
  • Income limits for receiving the check have changed for this round.

Claiming Stimulus Checks

  • Filing a 2020 Return is necessary to claim stimulus 1 and 2.
  • Filing a complete 2021 Return is crucial to maximize the third Economic Impact Payment.

Future Stimulus Checks

  • The IRS will start processing the next round of stimulus checks shortly after the bill is passed in the Senate.

Additional Information

  • If you did not receive one or all stimulus payments, file back taxes and claim the Recovery Rebate Credit.

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