This calculator tells you exactly how big your coronavirus stimulus check could be - CNBC
." To demonstrate how the payments are calculated, they provide an example of a married couple with two kids. Combined, the couple earns a total of $160,000. They don't qualify for the full $2,400 because they earn $10,000 over the cap, but they'll get a reduced check.
To calculate the amount they'll get, the calculator divides the excess by $100 and multiples that amount by $5. Here's the formula:That means the family is eligible for $1,900 . Plus, they'll get another $1,000 — $500 per kid — for a total ofWhen it comes to getting your money, you don't need to apply for the checks. The money will automatically be transferred directly to the bank account you included in your most recent tax return.
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