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Fiscal Timeline | Committee for a Responsible Federal Budget

  The Fiscal Timeline of CRFB's Fiscal Roadmap Project keeps track of key economic, financial and policy developments affecting the nation's fiscal future. 2011 March

Fourth Stimulus Check Timeline and Update: $2000 Payment, Double Tax Refunds, and Plus-Up

Third stimulus check update: IRS says about 90 million payments deposited into bank accounts

Who gets a payment? The payments are worth up to $1,400 per person and are expected to reach 85% of households, according to the White House. Families will receive an additional $1,400 per dependent, so a couple with two children could receive up to $5,600. Unlike prior rounds, families will now receive the additional money for adult dependents over the age of 17. The full amount goes to individuals earning less than $75,000 of adjusted gross income, heads of households (like single parents) earning less than $112,500 and married couples earning less than $150,000. But then the payments gradually phase out as income goes up. Lawmakers narrowed the scope of the payments this time so that not everyone who received a previous check will be sent one now. It cuts off individuals who earn at least $80,000 a year of adjusted gross income, heads of households who earn at least $120,000 and married couples who earn at least $160,000 regardless of how many children they have.

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