Generally, you were eligible for the first Economic Impact Payment if you are a U.S. citizen or U.S. resident alien, you were not claimed as a dependent of another taxpayer and have a Social Security number valid for employment. We issued payments of $1,200 ($2,400 for a joint return) to individuals whose adjusted gross income (AGI) did not exceed:
$150,000 if married and filing a joint return
$112,500 if filing as head of household or
$75,000 for eligible individuals using any other filing status Payments were reduced by 5% of the amount by which your AGI exceeds the applicable threshold above.
Update: In December 2020, the COVID-related Tax Relief Act of 2020 increased the AGI phaseout amount for a Qualifying Widow(er) from $75,000 to $150,000. As a result, widows and widowers whose income was more than $75,000 should complete the Recovery Rebate Credit Worksheet to determine whether they may claim additional amounts as a Recovery Rebate Credit on line 30 of their 2020 tax return.
Individuals Not Eligible for the Third Stimulus
You were not eligible for the first payment if any of the following apply to you:
You were claimed as a dependent on another taxpayer’s return (for example, a child or student who may be claimed on a parent’s return or a dependent parent who may be claimed on an adult child’s return).
You are a nonresident alien.
You do not have a Social Security number that is valid for employment.
Update: The first Economic Impact Payment was not made to married couples filing joint returns unless both spouses had Social Security numbers valid for employment or at least one spouse was a member of the military. In December 2020, the COVID-related Tax Relief Act of 2020 changed this requirement. As a result, a married couple filing a joint return is eligible for a partial Recovery Rebate Credit when only one spouse has a Social Security number valid for employment. If you and your spouse didn’t receive the first Economic Impact Payment because one of you did not have a Social Security number valid for employment, you may claim the Recovery Rebate Credit on line 30 of your 2020 tax return.
In addition, the following are ineligible for a payment: individuals who died prior to January 1, 2020, and estates or trusts.
Update: Individuals who died in 2020 or 2021 may not have received Economic Impact Payments. If you file a 2020 return for an individual who died in 2020 or 2021, you should complete the Recovery Rebate Credit Worksheet in the Instructions for Form 1040 and Form 1040-SR to determine whether the Recovery Rebate Credit is allowable for the decedent.
Source: IRS.gov