The IRS Owes You Money! Here’s How to Claim Up to $8,000

Lately, there’s been a lot of buzz about an $8,000 stimulus check arriving this month—but is it real? While some financial relief programs are still active, the truth is, there is no federal stimulus check for $8,000 being sent out to Americans right now. However, there are several tax credits and payments that could put thousands of dollars in your pocket. Here’s what you need to know.

What’s Behind the $8,000 Stimulus Rumor?

The Child and Dependent Care Tax Credit (CDCTC) is one reason people are talking about an $8,000 payment. This tax credit allows eligible parents and caregivers to claim up to $8,000 in tax relief for childcare expenses (for two or more dependents). While this isn’t a direct stimulus check, it’s a fully refundable credit, meaning even if you don’t owe taxes, you could still get money back.

Who Can Get the $8,000 Tax Credit?

• Parents or caregivers paying for childcare or dependent care so they can work or attend school.
• Must have a qualifying dependent under the age of 13 (or an adult dependent unable to care for themselves).
• Must meet income requirements (higher earners get reduced benefits).

Other Payments That Could Put Cash in Your Pocket

✔ Earned Income Tax Credit (EITC) – Worth up to $7,830 for low-income workers with three or more children.

✔ IRS Recovery Rebate Payments – About 1 million people will receive up to $1,400 in unclaimed stimulus funds from 2021.

✔ State Stimulus Checks – Some states are still issuing relief payments. For example, Sacramento, CA, is giving $725 per month for a year to eligible families.

Bottom Line: No $8,000 Stimulus Check—But You Might Still Qualify for Money

If you’re hoping for a fresh round of federal stimulus, there’s no new check on the way. But tax season is a great time to take advantage of credits that could add thousands to your refund. To make sure you don’t miss out, file your tax return by April 15, 2025 and check if you qualify for these tax breaks.