The IRS is rolling out a $1,400 stimulus check to eligible Americans, providing much-needed financial relief for those impacted by the pandemic. This payment is part of the third economic impact payment and is designed to reach eligible taxpayers automatically. If you are wondering whether you qualify or how to receive your payment quickly, this guide will walk you through everything you need to know.
Who is eligible for the $1,400 stimulus check
You might be wondering if you qualify for this payment. The IRS determined eligibility by reviewing 2021 tax returns, specifically looking at the Recovery Rebate Credit section. If you did not fill it out or mistakenly entered $0 when you were eligible, you are in line for this automatic payment. Here are the main criteria:
- You must have been eligible for the third economic impact payment in 2021.
- You did not file for the Recovery Rebate Credit but should have.
- Your tax return was processed by the IRS.
This is a no-action-needed process. The IRS has already identified the eligible individuals through its data review.
How to know if you will receive the payment
You do not need to scramble to figure out whether you qualify. The IRS has taken care of identifying eligible taxpayers automatically. However, here is how to check your situation:
- If you filed a 2021 tax return, look at the Recovery Rebate Credit section.
- Confirm that you meet the income and eligibility requirements for the third stimulus check.
- Check your mail or bank account for a payment notification.
If your bank account is on file with the IRS, you will receive a direct deposit. Otherwise, expect a paper check in the mail.
When will the stimulus check arrive
Timing is always a big question when it comes to payments like this. According to the IRS, payments started going out in December 2024 and will continue through January 2025. While no exact dates have been shared, here is what you can expect:
- Direct deposits are usually the quickest method, often appearing within days of processing.
- Paper checks may take longer due to mailing and processing times.
Keep an eye on your bank account or mailbox over the next few weeks if you believe you are eligible.
What to do if you do not receive your payment
If you do not get your payment after January, here are a few actionable suggestions you can try:
- Contact the IRS: Reach out to the agency directly to confirm your eligibility and payment status.
- Check for errors: Ensure there were no issues with your 2021 tax return, such as incorrect banking information.
- File an amended return: In rare cases, filing an amended return may be necessary to correct errors that affect your eligibility.
Note that the IRS is doing their best to make sure that this process is smooth for you and all beneficiaries so you will not have to go through a long, stressful process.
How to avoid delays in future payments
To make sure you receive any future payments promptly, here are a few tips:
- Always file your taxes on time.
- Keep your banking information up to date with the IRS.
- Double-check your tax return for completeness and accuracy.
These small steps can save you a lot of hassle down the road.
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