💰 Second Stimulus Check Calculator

CASH Act - Calculate your estimated stimulus payment

Your 2019 or 2020 AGI from your tax return

Children or other dependents claimed on your tax return

How to Use This Calculator

1

Select Filing Status

Choose your tax filing status (Single, Married Filing Jointly, Married Filing Separately, or Head of Household). This affects the base payment amount and phase-out thresholds.

2

Enter Adjusted Gross Income

Input your Adjusted Gross Income (AGI) from your most recent tax return. This is used to determine if your payment is reduced due to income phase-outs.

3

Enter Number of Dependents

Enter the number of dependents (children or other qualifying dependents) claimed on your tax return. Each dependent typically adds to your stimulus payment.

4

Review Results

See your estimated stimulus payment amount. Note that actual payments may vary based on final legislation, eligibility requirements, and other factors.

Formula

Base Payment = $2,000 per adult (or $4,000 for married filing jointly)

Dependent Payment = $500 per dependent

Reduction = (AGI - Phase-Out Start) / Phase-Out Range × Total Payment

Phase-Out Thresholds:

• Single/Head of Household: Phase-out starts at $75,000/$112,500

• Married Filing Jointly: Phase-out starts at $150,000

• Payments phase out over $50,000 of additional income

Example Calculation:

If filing single, AGI is $80,000, with 2 dependents:

• Base payment: $2,000

• Dependent payment: 2 × $500 = $1,000

• Total base: $3,000

• Excess income: $80,000 - $75,000 = $5,000

• Reduction: ($5,000 / $50,000) × $3,000 = $300

Stimulus payment: $2,700

About Second Stimulus Check Calculator - CASH Act

The CASH Act (Caring for Americans with Supplemental Help Act) was proposed legislation that would have provided a second round of economic stimulus payments to Americans. This calculator estimates what your stimulus payment would have been under the CASH Act proposal. The actual legislation may differ, and this calculator is for informational and educational purposes only. Note that this calculator is based on proposed legislation that may not have been enacted.

When to Use This Calculator

  • Educational Purposes: Understand how stimulus payments were calculated
  • Historical Reference: Reference for proposed legislation
  • Planning: Estimate potential payments for planning purposes
  • Comparison: Compare different stimulus proposals

CASH Act Key Features

  • Base Payment: $2,000 per adult ($4,000 for married couples filing jointly)
  • Dependent Payment: $500 per dependent child
  • Income Limits: Payments phase out for higher income earners
  • Phase-Out: Payments reduced based on Adjusted Gross Income

Why Use Our Calculator?

  • Quick Estimate: Get instant estimates of potential payments
  • Income Phase-Out: Understand how income affects payments
  • Dependent Calculation: See how dependents affect your payment
  • Easy to Use: Simple interface with clear inputs
  • 100% Free: No registration or payment required

⚠️ Important Note: This calculator is based on proposed legislation (CASH Act) that may not have been enacted. Actual stimulus payments were determined by different legislation (CARES Act, American Rescue Plan, etc.). This calculator is for informational and educational purposes only. Actual payment amounts, eligibility requirements, and phase-out thresholds depend on the specific legislation that was passed.

Frequently Asked Questions

What was the CASH Act?

The CASH Act (Caring for Americans with Supplemental Help Act) was proposed legislation that would have provided a second round of $2,000 stimulus payments to Americans. However, actual stimulus payments were provided under different legislation (CARES Act, American Rescue Plan, etc.).

How much was the second stimulus check?

Actual second stimulus payments under the Consolidated Appropriations Act were $600 per adult and $600 per dependent. The CASH Act proposal called for $2,000 per adult, but that specific proposal was not enacted. Third stimulus payments under the American Rescue Plan were $1,400 per person.

What was the income limit for stimulus checks?

Income limits varied by legislation. Generally, payments phased out starting at $75,000 AGI for single filers, $112,500 for head of household, and $150,000 for married filing jointly. Payments typically phased out over $50,000-$75,000 of additional income.

Do I need to pay taxes on stimulus checks?

No, stimulus payments (economic impact payments) are not taxable income. They are considered tax credits and do not need to be reported as income on your tax return.

Is this calculator accurate for actual payments?

This calculator is based on the proposed CASH Act, which may not have been the legislation that was actually enacted. Actual stimulus payments were determined by different laws (CARES Act, Consolidated Appropriations Act, American Rescue Plan). For accurate information about actual payments you received, check the IRS website or your tax records.