Second Stimulus Check Calculator: How Much Could You Get Under HEALS Act?

With the COVID-19 pandemic still ravaging the United States and millions out of work as a result, a second stimulus check could provide a much-needed lifeline for many Americans struggling financially.

Senate Republicans have proposed a second round of economic impact payments for eligible Americans as part of a new $1 trillion coronavirus relief package outlined on Monday night.

The HEALS Act (Health, Economic Assistance, Liability Protection, and Schools Act) includes a second stimulus check for Americans, with the amount based on their income and number of dependents.

The second round of stimulus payment will work much like those issued under the $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act, which President Donald Trump signed into law in March, but some changes have been made.

According to the proposals unveiled by the Senate Finance Committee, American adults will receive $1,200 if they are a single filer with a gross income below $75,000, a head of household earning less than $112,500, or a couple reporting less than $150,000 in earnings. Those looking after children and adult dependents will receive an extra $500 for each person in their care.

Those who earn between $75,000 and $99,000 also qualify for a check, but the amount they get will be lower—and those earning above $99,000 are not eligible.

To work out exactly how much you could receive from a second stimulus check under the HEALS Act, the Omni Calculator Project has released a handy tool that can help you figure it out.

Use the tool below or click here.

Second Stimulus Check Calculator (HEALS Act)

Jasmine Mah, who graduated from the University of Guelph in Ontario, Canada but now lives in Los Angeles, worked with engineer Bogna Haponiuk to develop the calculator.

Mah previously built tools to calculate stimulus check payments based on the CARES Act and the HEROES Act—a $3 trillion stimulus package that was passed by House Democrats in May and also included a one-time $1,200 stimulus check payment.

"After looking at the responses [to those tools], I understood how despite being simple numbers, they're bound endlessly under exceptions and caps which is so complicated for people to understand," Mah told Newsweek.

"Moreover, I felt for all the people who're struggling with their personal finance right now and are trying to plan for the uncertain days ahead."

She added: "The HEALS Act proposal is special, it's coming from the GOP and has been anticipated for a while now, the similar figures can be misleading because a lot changed on how they are calculating it now.

"It definitely triggered a lot of curiosity and what it could mean to millions of Americans especially when the proposal is from the current government.

"I wanted to help people see through these numbers clearly, and especially because for many this may be a major source of their income. I'm sure there will be some criticism coming in from the Democrats... but even if we get a general idea of how our lives will be over the coming months, it can be helpful."