JamesG1
Employee Tax Expert

Deductions & credits

Stimulus checks will be based on information from your most recent tax filings, either 2019 or 2018 if you have not yet filed this season. 

  • Up to $1,200 for individuals,
  • $2,400 for joint taxpayers, and
  • An additional $500 for each qualifying child.

Under the 2020 CARES Act, you will not receive a $500 payment for the child born in March of 2020.  However, the situation is very fluid.  Follow the news should there be a change in the law.

 

Please see this TurboTax Help.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"