Payments begin in about two weeks and range from $600 for individuals to $1,200 for couples, plus an additional $300 per child.
Not everyone is eligible for a full rebate, however. For single filers earning more than $75,000 and joint filers earning more than $150,000, the tax rebate is reduced by $50 for each $1,000 of income beyond the limits.
An individual with no children, therefore, will not receive a tax rebate if income exceeds $87,000 annually. The IRS provides a tax rebate calculator that can help make sense of the math.
For late income tax filers, the IRS send rebate checks about two weeks after the returns are processed, but not before the regularly scheduled date.
Stimulus Payment Schedule for Tax Returns
Received and Processed by April 15
| Direct Deposit Payments | |
| If the last two digits of your Social Security number are: | Your economic stimulus payment deposit should be sent to your bank account by: |
| 00 - 20 | May 2 |
| 21 - 75 | May 9 |
| 76 - 99 | May 16 |
| Paper Check | |
| If the last two digits of your Social Security number are: | Your check should be in the mail by: |
| 00 - 09 | May 16 |
| 10 - 18 | May 23 |
| 19 - 25 | May 30 |
| 26 - 38 | June 6 |
| 39 - 51 | June 13 |
| 52 - 63 | June 20 |
| 64 - 75 | June 27 |
| 76 - 87 | July 4 |
| 88 - 99 | July 11 |
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