What are the requirements and the amounts for the stimulus payment?
The rebate amount is based on the lesser of your income tax liability if your AGI is greater than your standard deduction amount plus the personal exemption amount (twice the personal exemption amount if MFJ) or $300 ($600 if MFJ). The maximum amount is $600 ($1,200 if MFJ). In addition you may receive $300 for each child claimed as a dependent that is under 17 years old and has a social security number.
