Second Stimulus Check Calculator - HEALS Act
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Evaluate Senate legislative proposals for coronavirus financial relief. Use this Second Stimulus Check Calculator (HEALS Act) to calculate projected payment amounts under the proposed HEALS Act framework, featuring $1,200 payments for individuals, $2,400 for joint filers, and $500 per dependent regardless of age.
The Formula for HEALS Act Stimulus Payments
The HEALS Act (Health, Economic Assistance, Liability Protection, and Schools Act) proposed providing $1,200 per eligible adult plus $500 per dependent, removing the CARES Act age restriction on adult dependents:
Base Payout = ($1,200 × Qualifying Adults) + ($500 × All Dependents Regardless of Age)
Excess AGI = Max(0, Adjusted Gross Income - AGI Phaseout Threshold)
Phaseout Reduction = Excess AGI × 0.05
Net HEALS Act Stimulus Check = Max(0, Base Payout - Phaseout Reduction)
Where:
- Single Filer AGI Threshold: Phaseout starts at $75,000 AGI.
- Head of Household AGI Threshold: Phaseout starts at $112,500 AGI.
- Married Joint AGI Threshold: Phaseout starts at $150,000 AGI.
- No Dependent Age Cap: $500 payments extended to college students, elderly, and disabled adult dependents.
HEALS Act Proposed Payment Matrix
Refer to the lookup table below for baseline payment amounts and complete phaseout cutoffs under the proposed HEALS Act legislation:
| Tax Filing Status | Base Adult Payment | AGI Phaseout Threshold | Phaseout Cutoff (No Dependents) | Phaseout Cutoff (2 Dependents) |
|---|---|---|---|---|
| Single Filer | $1,200 | $75,000 AGI | $99,000 AGI | $119,000 AGI |
| Head of Household | $1,200 | $112,500 AGI | $136,500 AGI | $156,500 AGI |
| Married Filing Jointly | $2,400 | $150,000 AGI | $198,000 AGI | $218,000 AGI |
Step-by-Step HEALS Act Calculation Example
Consider a married couple filing jointly with an AGI of $160,000 and 3 dependents (including 1 college student adult dependent):
- Calculate Base Household Payout: $2,400 married joint base + (3 dependents × $500) = $3,900 base payment.
- Determine Excess AGI: $160,000 AGI – $150,000 joint threshold = $10,000 excess income.
- Calculate 5% Phaseout Reduction: $10,000 excess × 0.05 = $500 reduction.
- Calculate Net HEALS Act Payment: $3,900 base payout – $500 reduction = $3,400 net check payment.
Frequently Asked Questions
What was the HEALS Act stimulus check proposal?
The HEALS Act was a $1 Trillion Senate Republican bill proposed in July 2020 that provided $1,200 stimulus checks for individuals ($2,400 for joint filers) and $500 for each dependent regardless of age.
How did the HEALS Act handle adult dependents compared to the CARES Act?
While the CARES Act restricted $500 dependent payments to children under 17, the HEALS Act proposed removing the age cap, allowing families with college students or elderly adult dependents to claim $500 for each dependent.
Did the HEALS Act become federal law?
No, the HEALS Act did not pass Congress. Lawmakers later negotiated and passed the $900 Billion Relief Package ($600 payments) in December 2020 and the American Rescue Plan ($1,400 payments) in March 2021.
Was there a dependent cap under the HEALS Act?
No, unlike the House’s HEROES Act proposal (which capped dependent payments at 3 dependents), the HEALS Act contained no cap on the total number of eligible dependents per family.