The phase out protocol is the same, but everything is based on 2020 AGI. So if 2020 AGI is above 75,000 then the phase out rules apply to the 2020 income. If the 2020 AGI is below $75,000 then the phase out rules are not applicable.
The third round eligibility is also based on the latest filed tax return. If a 2020 return is filed then the AGI on it applies, if not, a prior year (2019) AGI will apply.
Note: The phase out protocol for the third round is different. Complete phase out happens at 80,000.
Here is a link with more information on the stimulus payments.
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