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Here is an Easy Tool to Show What YOU Get from the $2 Trillion Stimulus Package

5 years ago
3 Comments
by Charlie
a roll of paper money
Written by Charlie

Here is a great calculator to show you what YOU get from the huge $2 trillion stimulus package. Just put in some numbers and see the total amount!

Last week, the House and Senate passed a massive $2 trillion stimulus bill to try and help the US economy. With 3 million workers filing for unemployment and many businesses needing to close for a while, the money should do something to help many.

Easy Calculator to Show What You Get from the Stimulus Package

Of course, in that same stimulus package was also aid for many businesses in a variety of forms, including loans. These amounts will go to airlines, hospitals, hotels, and many more industries to aid during this difficult time. As for the airlines, you have likely gotten a “thank you” note from some of the US airline CEOs by now. Their loans and grants do not mean they will not be laying people off, unfortunately.

Then we have the money that is heading to taxpayers as early as the next couple of weeks. If you filed taxes in 2018 or 2019 and are a US resident with a social security number, you could be getting some of the money from the stimulus package. How much will be determined by what you filed as your adjusted gross income for the recent tax years.

While it seemed to be a fairly straightforward process, there is a phasing out period once you get past the initial income cap for single filers, heads of household, and joint filers. Then, you have the additional money for children under the age of 16 as well.

Fortunately, some smart people put together a truly simple calculator that will show you in a flash what you should expect to get from the stimulus package.

Just put your numbers in below to the calculator to get your amount!

Stimulus Check Calculator

This calculator was developed by Maciej Kowalski, PhD candidate and Jasmine J Mah and available at Omni Calculator

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About the author

Charlie

Charlie has been an avid traveler and runner for many years. He has run in marathons around the world for less than it would cost to travel to the next town - all as a result of collecting and using miles and points. Over the years, he has flown hundreds of thousands of miles and collected millions of miles and points.
Now he uses this experience and knowledge to help others through Running with Miles.

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3 Comments

  • I get my SSI and ssdi in the mail but haven’t got my stimulate paper check yet may I ask why

  • If my stimilus check was sent back to the irs from a tax preparers bank, then how long will it be before I receive my check?

    • They would not have issued a check to the preparer but direct deposit. So, now that they sent it back, they will send you a check. Checks are due to start going out this week, likely near the end, so it would likely be another week before it gets to you – at least. It will depend on where your adjusted gross income sits among all the people that will be waiting for checks.