An individual who made up to $99,000 and
couples who made up to $198,000 in [ fiscal year 2018 ]
= Individuals =
Less than $75,000: $1,200 check.
More than $75,000:
“the rebate amount is reduced by $5 for each $100 a taxpayer’s income exceeds the phase-out threshold” up to $99,000, the plan states. That means someone who made $80,000 would receive $950, $85,000 would get $700 and $90,000 would get $450.
= Married couples who filed a joint return =
Less than $150,000: $2,400 check.
More than $150,000: “the rebate amount is reduced by $5 for each $100 a taxpayer’s income exceeds the phase-out threshold” up to $198,000, the proposal says. That means a couple who made $160,000 would get $1,900, $170,000 would receive $1,400 and $180,000 would get $900.
Families
For each child, the amount received will be increased by $500.