Third Stimulus Check Calculator 2021
Tool | February 18, 2021

Third Stimulus Check Calculator

Find out how much your third stimulus check would be if the current $1,400 stimulus check plan is enacted.

Congress is working on a third stimulus check plan to include in President Biden’s $1.9 trillion COVID-relief package. The House Ways & Means Committee has already approved legislation to be included in a larger budget reconciliation bill that is expected to be passed by the full House before the end of February. Once that happens, the reconciliation bill will be sent to the Senate for approval. Democrats hope to have a final bill – that includes another round of stimulus checks – passed by both chambers of Congress and signed by the president no later than mid-March.

Although it’s subject to change, the legislation already passed by the House Ways & Means Committee would authorize another round of $1,400 stimulus checks for each eligible person ($2,800 for couples), plus an additional $1,400 for each dependent. However, as with the first- and second-round payments, these proposed stimulus checks would be reduced – or eliminated – for people with an income above a certain amount.

[Stay on Top of Stimulus-Check Developments – Sign Up Free for the Kiplinger Today E-Newsletter.]

To see how large your next stimulus payment would be if the current plan is adopted, answer the three questions in the calculator below and we'll give you a customized estimate of your third stimulus check amount. Again, the plan could change before final passage, which could then affect how much you get. But, for now, you can use the tool to see where you stand under the current proposal.

(To see how much you should have received for your second stimulus check, see Kiplinger’s Second Stimulus Check Calculator.)

Step 1

What filing status did you use on your 2020 tax return? Use your 2019 return if you haven't filed your 2020 return yet.

Step 2

Step 3


Different Phase-Out Rate

Although the income levels at which third stimulus checks under the current proposal would start to be phased out (i.e., reduced) are the same as the amounts used for the first two stimulus payments, the rate at which the phase-out occurs would be different. As a result, you might not get a third stimulus check under the proposed plan even if you received payments in one or both of the first two rounds.

More Money for Certain Families

One big change in the proposed third stimulus check plan is that an extra $1,400 will be tacked on to your payment for any dependent in the family. For the first- and second-round payments, the additional amount allowed – $500 for first-round payments and $600 in the second round – was only given for dependent children age 16 or younger. As a result, families with older children, including college students age 23 or younger, or with elderly parents living with them, didn't get the extra money added to their previous stimulus payments. That would change if the proposal currently before Congress is eventually enacted.

Amount Based on 2019 or 2020 Tax Return

Under the current proposal, eligibility and stimulus check amounts would be based on either your 2019 or 2020 return. If your 2020 tax return isn't filed and processed by the IRS by the time the tax agency starts processing your third stimulus payment, then the IRS would use information from your 2019 tax return. If your 2020 return is already filed and processed when the IRS is ready to send your payment, then your stimulus check eligibility and amount would be based on the information on your 2020 return. If your 2020 return is filed and/or processed after the IRS sends you a third stimulus check, but before July 15, 2021 (or September 1 if the April 15 filing deadline is pushed back), the IRS would send you a second payment for the difference between what your payment should have been if based on your 2020 return and the payment actually sent based on your 2019 return. If these rules are in the final bill, your third stimulus check could be higher or lower depending on when you file your 2020 tax return.

Stay on Top of Stimulus-Check Developments

Get more details about the proposed third stimulus check plan at Third Stimulus Check Update: The Current Plan for $1,400 Payments.

Follow Kiplinger for the latest news and insights on federal stimulus payments (and other important personal-finance matters). Stay with us on: