By the end of January, taxpayers who missed out on claiming the Recovery Rebate Credit may receive a stimulus payment of up to $1,400, depending on how they filed their 2021 taxes.
In a December announcement, the IRS revealed plans to distribute approximately $2.4 billion worth of stimulus checks—up to $1,400 per eligible individual. This is part of an effort to reach those who failed to claim the credit when filing their 2021 tax returns. The Recovery Rebate Credit is designed for taxpayers who didn’t receive all or some of their Economic Impact Payments (stimulus payments).
Here’s what you need to know about this round of stimulus checks and whether you qualify for one.
Who is eligible for this round of IRS stimulus payments?
If you didn’t claim the Recovery Rebate Credit on your 2021 tax return, you’re likely eligible for a stimulus check. To check if you missed this credit, look at your 2021 tax return—if the Recovery Rebate Credit field is blank or listed as $0, you may qualify for the payment.
Do taxpayers need to take action to claim the check?
No action is required to receive the stimulus check. The IRS began sending payments automatically in December and will continue through January. Eligible taxpayers will receive a letter notifying them of the payment, and the funds will be deposited directly into their accounts or sent as a paper check.
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How much can taxpayers expect to receive?
Eligible individuals could receive up to $1,400 from the IRS, depending on their situation.
What if a taxpayer didn’t file a 2021 tax return?
If you didn’t file a 2021 tax return but believe you’re eligible for the Recovery Rebate Credit, you can still receive a stimulus check. Simply file your return and claim the credit by April 15 to receive the payment.
Stay on top of your taxes and check if you’re missing out on any potential stimulus funds!
Frequently Asked Questions (FAQs)
Who is eligible for the latest IRS stimulus payment?
To be eligible for the latest stimulus check, taxpayers must not have claimed the Recovery Rebate Credit on their 2021 tax return. If you missed this credit, you could qualify for the payment.
How can I check if I qualify for the stimulus payment?
To determine if you’re eligible, review your 2021 tax return. If the Recovery Rebate Credit section is left blank or listed as $0, you may be eligible for the payment.
Also Read – $1400 Stimulus Checks 2025 : Eligibility and Payment Date Details
How much will I receive from the IRS?
Eligible taxpayers could receive up to $1,400. The amount depends on your tax return and individual circumstances.
Do I need to take any action to receive the stimulus payment?
No. The IRS is automatically sending the payments. You will either receive a direct deposit or a paper check, along with a letter notifying you of the payment.
When will the stimulus checks be sent out?
The IRS began distributing payments in December, with distributions continuing through late January.
What if I didn’t file a 2021 tax return?
If you didn’t file a 2021 tax return but are eligible for the Recovery Rebate Credit, you can still receive the payment by filing your return and claiming the credit by April 15.
How will I know when my stimulus payment is coming?
The IRS will send a letter informing you about the payment. It will be either direct deposited into your account or sent as a paper check.
Also Read – $1,312 Stimulus Check in 2025: When to Expect Payments and Who’s Eligible
What should I do if I haven’t received my stimulus payment?
If you believe you’re eligible and haven’t received your payment, check the status on the IRS website or contact them for further assistance.