Where can I find information on the third round of Economic Impact (Stimulus) Payments?
For information on the third EIP, see the IRS EIP webpage. To check on the status of your EIP, go to the IRS Get my Payment webpage.
What are the differences between this EIP and previous payments?
- The income levels in this new round of stimulus payments have changed. This means that some people won't be eligible for the third payment even if they received a first or second EIP.
Generally, you are eligible for the full amount of the third Economic Impact Payment if your (and your spouse if filing a joint return) adjusted gross income (AGI) on your tax return does not exceed:
- $150,000 if married and filing a joint return or if filing as a qualifying widow or widower
- $112,500 if filing as head of household or
- $75,000 for eligible individuals using any other filing statuses, such as single filers and married people filing separate returns.
Payments will be phased out – or reduced -- above those AGI amounts. This means taxpayers will not receive a third payment if their AGI exceeds:
- $160,000 if married and filing a joint return or if filing as a qualifying widow or widower
- $120,000 if filing as head of household or
- $80,000 for eligible individuals using other filing statuses, such as single filers and married people filing separate returns.
The third stimulus payment will be larger for most people. Most families will get $1,400 per person, including all dependents claimed on their tax return. Typically, this means a single person with no dependents will get $1,400, while a family of four (married couple with two dependents) will get $5,600.
Unlike the first two payments, the third stimulus payment is not restricted to children under 17. Eligible families will get a payment based on all of their qualifying dependents claimed on their return, including older relatives like college students, adults with disabilities, parents and grandparents.
For more information, view the IRS fact sheet on the third EIP.
What will the third Economic Impact (Stimulus) Payment Card look like?
The form of payment for the third mailed Economic Impact Payment (EIP) may be different than what you received for the first or second mailed payment. Individuals who received a paper check for the first or second payment may receive a debit card.
The card will be sent in a white envelope with a return address of Money Network Cardholder Services. The envelope will have the US Department of the Treasury seal. The card will have the Visa name on the front and the issuing bank, MetaBank®, N.A. on the back. The issuing bank is located in Omaha, Nebraska.
More information about how to use the card is available at EIPcard.com. If you accidentally destroy or throw out your EIP card you may call 1-800-240-8100 for a replacement.
How will I receive my third Economic Impact Payment?
If you are eligible to get a third Economic Impact Payment (EIP), in most cases, the payment will be automatically sent to you by direct deposit.
If you don't receive a direct deposit by the end of March, watch your mail for either a paper check or a debit card. The form of payment for the third mailed EIP may be different than for the first or second mailed EIP. Some people who received a paper check last time might receive a debit card this time, and some people who received a debit card last time may receive a paper check.
What if I didn't receive the first or second Economic Impact Payments?
All first and second Economic Impact Payments have been issued. If you didn't get any Economic Impact Payments or got less than the full amounts, you may qualify for the Recovery Rebate Credit and must file a 2020 tax return to claim the credit even if you don't normally file. For more information visit the IRS Recovery Rebate Credit webpage.