It’s been several years since the last stimulus check was distributed in the US, but some taxpayers still have a chance to get a payment of up to $1,400. This is the result of a review by the Internal Revenue Service (IRS), which found that many eligible individuals did not claim the Recovery Rebate Credit on their 2021 tax returns. Correcting this mistake, the IRS announced in December that it would send out $2.4 billion in checks to benefit those who could not receive this assistance before.
If you filed taxes in 2021 but did not take the Recovery Rebate Credit, the IRS will automatically send this amount. But if you did not file a tax return in 2021, you have until April 15, 2025, to file it and get your money.
Who is eligible for this $1,400 stimulus check?
This stimulus payment issued by the IRS is for taxpayers who for some reason, did not claim the Recovery Rebate Credit on their 2021 tax returns. Many Americans have already received this payment, but the IRS has still identified many people who have not yet applied for this assistance.
You may receive this check if you fall into these categories:
- Filed taxes in 2021 but did not claim the Recovery Rebate Credit.
- Have not yet filed a 2021 tax return (you can file until April 15, 2025).
- Meet the IRS’s eligibility criteria.
If you did not file a tax return in 2021, it is important to do so as soon as possible. Doing so may allow you to receive a stimulus check as well as any other refund you are entitled to.
How do I get this payment from the IRS?
If you already filed your 2021 tax return but didn’t receive the Recovery Rebate Credit, you don’t need to do anything. The IRS is automatically sending this payment starting in December 2024. If you’re receiving this payment, you’ll get a notification from the IRS that it’s been deposited into your account or a check has been issued.
But if you didn’t file a tax return in 2021, you’ll need to file it before April 15, 2025.
To do this you can:
- ✅ Get help from a tax professional
- ✅ Use the IRS’s free tax filing tools
- ✅ Don’t forget to include the Recovery Rebate Credit when filing your tax return
How will you get the payment?
If you’re eligible for this payment, the IRS will deposit it directly into your bank account (if you have direct deposit set up) or send it as a paper check.
This could be your last chance to get your benefits!
This is a golden opportunity to claim this financial aid in time if you are eligible for it. The IRS has created a simple process for this and has given time till April 15, 2025.
Important things to keep in mind:
- ✔ Check your 2021 tax return – If you have not taken the Recovery Rebate Credit, you may get this check.
- ✔ If you have not filed your 2021 tax return, do so by April 15, 2025.
- ✔ Taxpayers who receive payments automatically from the IRS do not need to do any additional process.
Conclusion
This stimulus payment of $1,400 is a great opportunity for thousands of Americans who did not claim it earlier. The IRS has simplified the process so that eligible individuals can get their money. If you are entitled to this benefit, review your status as soon as possible and take the necessary action so that you don’t miss out on this opportunity!
FAQs
Q. Who is eligible for the $1,400 stimulus check?
A. Taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return or have not yet filed their 2021 taxes.
Q. Do I need to apply for the payment?
A. If you filed your 2021 tax return but did not claim the credit, the IRS will send the payment automatically. If you haven’t filed, you must do so by April 15, 2025.
Q. How will I receive the payment?
A. Payments are sent via direct deposit (if set up) or paper check mailed to the address on file with the IRS.
Q. How can I check if I already received the credit?
A. Review your 2021 tax return to see if the Recovery Rebate Credit was claimed or if the amount listed is $0.
Q. What is the deadline to claim the $1,400 stimulus check?
A. The final deadline to file your 2021 tax return and claim the payment is April 15, 2025.