How much stimulus check money would you get? Here are potential calculations - CNET

Heading into the weekend, Republican and Democratic negotiators for the next economic rescue bill appear far from reaching any agreement on the package except for one thing: a second stimulus check, with both sides proposing a new payment for those who meet the qualifications. 

And while both parties also agree on a $1,200 figure for the next round of checks, don't count on that amount yet (here's when it could arrive). How much you could get would depend on a handful of variables, including your annual income and number of dependents. And until the two sides do settle on the final amount, that $1,200 figure isn't set in stone. Several times this week, President Donald Trump has hinted the final amount of the check could be more than $1,200 -- though that outcome is unlikely.

Here's everything we know about the stimulus proposal from the Senate and how much money adults, children, dependents and families could potentially get based on their salary, marital status and more. This story updates frequently.

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How much of the $1,200 second stimulus check could you get?

The Senate's HEALS Act offers an upper limit of $1,200 per qualified person, but that doesn't mean you'll be able to get it all. Your tax filing status helps determine your share, among other factors.

The first stimulus check left out child dependents who were 17 or older and university students under 24 years old. The Republican plan would include $500 for dependents regardless of age, such as children and adults you claim in your tax filings.

The calculations can be tricky and depend on aspects of your 2019 taxes, such as your adjusted gross income and whether you filed as single, married or head of household. Though we can't say for sure that the figures below follow the IRS's calculation, this handy calculator that The Washington Post put together for the first stimulus check could shed some light on what you might get if the HEALS Act were to pass as is.

How the second stimulus check amount could change

At this point, it's unlikely for the stimulus check cap to exceed $1,200, but it's possible that individuals and families could get more money if more people qualify. Chances are low at this point, but here's what the House of Representatives' Heroes Act, which isn't law, proposed:

• Children and dependents: $1,200 payment (HEALS Act stipulates $500 apiece)
  
• Families: Households would qualify for a maximum payment of $6,000 total, capped at five family members receiving $1,200 apiece.
• People who aren't US citizens: Noncitizens who file tax returns, pay taxes and otherwise comply with federal tax law using an individual taxpayer identification number instead of a Social Security number would qualify for a payment.

Previous stimulus check proposals

Before the Senate's HEALS Act big reveal, these were the front-runner proposals that arose in recent months and how likely we thought they could be. Of course, another stimulus check still isn't a done deal and anything could happen between now and the final bill.

When will Congress reach a stimulus check decision?

The two sides are now working out the details of the new proposal, with an eye on the Aug. 7 deadline Senate Majority Leader Mitch McConnell set to pass another stimulus bill before a month-long recess. Here's more on the timeline, including when the IRS could send the first checks.

If you're still waiting for your first stimulus check, here are 10 possible reasons for a delay, what you can do if you think your payment is lost or has fallen through the cracks and if you could receive two refund checks from the IRS.