1. What Was the 2021 Stimulus Check?

The 2021 stimulus check was part of the American Rescue Plan Act, providing direct payments to eligible Americans to help with economic challenges during the COVID-19 pandemic. The maximum amount was $1,400 per individual.

2. How the Calculator Works

The calculator uses the stimulus check formula:

Where:

• \( Base \) — The maximum stimulus amount you qualify for
• \( Phase\_Out \) — The reduction amount based on your income

Explanation: The payment amount phases out completely for individuals earning over $80,000 or couples earning over $160,000.

3. Understanding the Calculation

Details: The base amount was $1,400 per eligible individual (including dependents). The phase-out reduced this amount by 5% of income above $75,000 for single filers or $150,000 for joint filers.

4. Using the Calculator

Tips: Enter your base stimulus amount (typically $1,400) and your calculated phase-out amount based on your income. The calculator will show your estimated stimulus payment.

5. Frequently Asked Questions (FAQ)

Q1: Who was eligible for the full $1,400?
A: Single filers with adjusted gross income under $75,000 and married couples filing jointly under $150,000.

Q2: How was the phase-out calculated?
A: For every dollar above the threshold, the payment was reduced by 5 cents (5% phase-out rate).

Q3: Were dependents included?
A: Yes, all dependents (including adult dependents) qualified for the $1,400 payment.

Q4: What if my check amount shows $0?
A: This means your income exceeded the phase-out limit completely ($80,000 for singles, $160,000 for couples).

Q5: Was this the third stimulus check?
A: Yes, this was the third round of stimulus payments authorized in March 2021.