The third stimulus check offered many Americans some much-needed relief during a challenging time. But if you missed out on the $1,400 payment, you may still have a chance to claim it. Here is what you need to know about eligibility, how to claim the payment, and other essential details.
What is the third stimulus check?
The third stimulus check, officially called the Economic Impact Payment (EIP), was part of the American Rescue Plan Act passed in March 2021. This payment provided $1,400 for individuals, $2,800 for couples filing jointly, and an additional $1,400 for each dependent.
The payment was distributed automatically to most eligible taxpayers. However, some people did not receive theirs due to various reasons, such as not filing taxes or overlooking the Recovery Rebate Credit on their 2021 tax return.
Can you still claim the $1,400 stimulus check?
Yes, you can still claim the third stimulus check, but time is running out. The IRS has reopened the opportunity for eligible taxpayers who did not claim their Recovery Rebate Credit. You must file your 2021 tax return by April 15, 2025, to qualify.
Who is eligible for the $1,400 payment?
Eligibility for the $1,400 stimulus payment depends on several factors:
- Income limits:
- Single filers earning up to $75,000 annually receive the full amount. Payments phase out completely at $80,000.
- Joint filers earning up to $150,000 annually receive the full amount. Payments phase out completely at $160,000.
- Filing status: Single, married filing jointly, head of household, or qualifying widow(er) status can all qualify.
- Dependents: Each qualifying dependent adds $1,400 to the payment amount.
If you meet these criteria and did not claim the Recovery Rebate Credit on your 2021 return, you can still collect the payment.
How to file for the Recovery Rebate Credit
If you missed out, claiming your $1,400 is straightforward:
- File or amend your 2021 tax return: Even if you do not usually file taxes, you must submit a 2021 return to claim the credit.
- Use Form 1040 or 1040-SR: Write the Recovery Rebate Credit amount on Line 30.
- Check for errors: Ensure your information matches what is on the IRS records to avoid delays.
You can also file online using IRS Free File or seek help from a tax professional if you need one.
What happens if you have not filed your 2021 taxes?
If you have not filed your 2021 tax return, you can still do that. Fill out your return before or by April 15, 2025, to claim your $1,400 payment. Even if your income was little or you had no income at all, when you fill out this return, it can help you have access to your benefit.
How will you receive the payment?
You will receive your payment via:
- Direct deposit: Funds will go to the bank account on file.
- Paper check: Mailed to the address listed on your return.
If your bank account has changed or closed, the payment will be reissued as a check.
What if you are unsure about eligibility?
If you are not sure whether you are eligible, do these:
- Check the IRS tools: Use the “Get My Payment” tool or the “Recovery Rebate Credit Worksheet” on the IRS website.
- Review your 2021 tax records: Look for any mention of the Recovery Rebate Credit on Line 30 of your Form 1040.
What to do if you missed automatic payments
The IRS has stated that some payments will be automatic for eligible taxpayers who filed their 2021 returns but overlooked the credit. If this applies to you, the IRS should contact you directly. However, if you believe you qualify and have not received a notice, it is best to file an amended return.
Where to get more information
For detailed guidance, visit the IRS’s official website at irs.gov. There, you can find tools and resources to ensure you get your payment.
Taking action now can ensure you do not miss out on the $1,400 stimulus check you deserve. File your 2021 taxes, check your eligibility, and claim your Recovery Rebate Credit before the deadline. It is your money—make sure you collect it.
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