The $1,200 Payment for eligible individuals with no qualifying children ($2,400 for married couples filing a joint return) will be reduced to $0 once adjusted gross income reaches the following thresholds:
$198,000 for taxpayers filing a joint return
$136,500 for taxpayers filing as head of household
$99,000 for all others
Each of these threshold amounts increases by $10,000 for each additional qualifying child. For example, because families with one qualifying child receive an additional $500 Payment, their $1,700 Payment ($2,900 for taxpayers filing a joint return) will be reduced to $0 once adjusted gross income reaches the following thresholds:
$208,000 for taxpayers filing a joint return
$146,500 for taxpayers filing as head of household
$109,000 for all others