National Impacts of Payments in the CASH Act

($2,000 per spouse and $2,000 per dependent), 2020, United States

Cash payment of $2,000 per filer/spouse and $2,000 for each dependent (any dependent). Phases out at a rate of 5% of AGI over $75,000/$112,500/$150,000.
This shows the combined impact of the $600 payment already provided by Congress and the CASH Act provision increasing it to $2,000 per person.
This estimate does not include the CASH Act provision expanding the CARES Act's $500 payment to include dependents who are not children.
Payments are allowed to individuals with a Social Security Number even if an adult in their household uses an ITIN, providing additional benefits not shown here.
Source: Institute on Taxation and Economic Policy (ITEP) Tax Model, January 2021