Individuals earning up to $87,000 and couples earning up to $174,000 will receive some form of payment. Individuals who earned up to $75,000 in 2019 will get the full amount of $600 and couples that earned up to $150,000 will receive $1,200.

This round of checks is then reduced by 5% “for every dollar of income over those limits, or $50 for every $1,000 exceeding the phaseout threshold,” says Garrett Watson, senior policy analyst at the Tax Foundation. “Because this payment is smaller than the CARES Act rebate, the upper income bound to receive a partial payment is lower.”

Under the CARES Act, the $1,200 payments for individuals phased out at an income of $99,000, and the $2,400 payments for couples phased out at a combined income of $198,000.

Taxpayers will also receive $600 for each dependent under age 17.

NOTE: Research shows that 44 million workers—or 28.2%—were self-employed at some point during a given week in 2019.